Filed January 8, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
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 | $53,061 | $33,745+57.2% | $64,101-17.2% | $55,191-3.9% |
| Participation rate | 91.7% | 59.4%+32.3pp | 68.2%+23.5pp | 69.2%+22.5pp |
| Annual return | -0.44% | 4.95%-5.4pp | 791.27%-791.7pp | 10.78%-11.2pp |
| Employer contribution / active EE | $1,287 | $641+100.9% | $1,820-29.3% | $1,899-32.2% |
| Participant deferral / active EE | $2,021 | $1,929+4.8% | $2,822-28.4% | $3,046-33.7% |
| Admin fee / account holder | $8 | $94-91.5% | $4,499-99.8% | $91-91.2% |