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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 13-3646501 | Recordkeeping | $120 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $26,673 | $50,464-47.1% | $75,784-64.8% | $52,331-49.0% |
| Participation rate | 94.7% | 66.8%+27.9pp | 75.8%+18.9pp | 68.1%+26.6pp |
| Annual return | 0.78% | 1.03%-0.3pp | 9.68%-8.9pp | 4.54%-3.8pp |
| Employer contribution / active EE | $1,321 | $1,988-33.6% | $3,323-60.3% | $1,882-29.8% |
| Participant deferral / active EE | $5,759 | $2,570+124.1% | $3,652+57.7% | $3,022+90.6% |
| Admin fee / account holder | $8 | $1,103-99.3% | $5,300-99.9% | $592-98.7% |