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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $671 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,699 | $82,674-49.6% | $125,381-66.7% | $68,486-39.1% |
| Participation rate | 59.2% | 75.1%-15.9pp | 82.4%-23.2pp | 67.9%-8.7pp |
| Annual return | -18.94% | -5.97%-13.0pp | 572.31%-591.2pp | -7.85%-11.1pp |
| Employer contribution / active EE | $3,511 | $3,382+3.8% | $4,815-27.1% | $2,597+35.2% |
| Participant deferral / active EE | $4,624 | $6,111-24.3% | $7,448-37.9% | $4,028+14.8% |
| Admin fee / account holder | $406 | $6,277-93.5% | $10,007-95.9% | $5,404-92.5% |