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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,567 | $64,909-80.6% | $82,312-84.7% | $62,293-79.8% |
| Participation rate | 33.6% | 74.9%-41.3pp | 76.9%-43.3pp | 69.5%-35.9pp |
| Annual return | 0.00% | 21.18%-21.2pp | 25.88%-25.9pp | 28.90%-28.9pp |
| Employer contribution / active EE | $948 | $1,676-43.4% | $2,428-61.0% | $2,042-53.6% |
| Participant deferral / active EE | $2,053 | $3,103-33.8% | $3,706-44.6% | $3,169-35.2% |
| Admin fee / account holder | $14 | $440-96.9% | $5,608-99.8% | $479-97.2% |