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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE AGENCY Service code 15 · EIN 01-0233346 | Recordkeeping | $120 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $34,622 | $57,921-40.2% | $84,753-59.1% | $57,658-40.0% |
| Participation rate | 46.0% | 72.9%-26.9pp | 76.6%-30.6pp | 70.2%-24.2pp |
| Annual return | 16.63% | 10.24%+6.4pp | 22.78%-6.2pp | 5.13%+11.5pp |
| Employer contribution / active EE | $1,489 | $2,598-42.7% | $3,574-58.3% | $1,974-24.6% |
| Participant deferral / active EE | $2,789 | $2,742+1.7% | $3,712-24.9% | $3,061-8.9% |
| Admin fee / account holder | $12 | $130-90.6% | $5,333-99.8% | $95-87.1% |