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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS. CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,454 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,395 | $54,701-0.6% | $86,200-36.9% | $71,476-23.9% |
| Participation rate | 96.0% | 60.1%+35.9pp | 69.0%+27.0pp | 67.9%+28.1pp |
| Annual return | 15.40% | 20.06%-4.7pp | 1168.58%-1153.2pp | 28.85%-13.4pp |
| Employer contribution / active EE | $1,135 | $1,265-10.3% | $2,381-52.3% | $2,589-56.2% |
| Participant deferral / active EE | $1,732 | $3,108-44.3% | $3,986-56.5% | $4,290-59.6% |
| Admin fee / account holder | $344 | $1,922-82.1% | $6,853-95.0% | $1,587-78.3% |