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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE AGENCY Service code 15 · EIN 01-0233346 | Recordkeeping | $847 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $28,981 | $56,443-48.7% | $83,830-65.4% | $55,725-48.0% |
| Participation rate | 64.7% | 72.0%-7.3pp | 76.1%-11.4pp | 70.9%-6.1pp |
| Annual return | -6.04% | 393.67%-399.7pp | 850.97%-857.0pp | 244.93%-251.0pp |
| Employer contribution / active EE | $1,755 | $2,682-34.5% | $3,631-51.7% | $2,078-15.5% |
| Participant deferral / active EE | $3,727 | $2,965+25.7% | $4,082-8.7% | $3,356+11.1% |
| Admin fee / account holder | $9 | $156-94.1% | $5,479-99.8% | $115-91.9% |