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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $4,791 |
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.)
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 | $86,071 | $110,483-22.1% | $145,433-40.8% | $79,634+8.1% |
| Participation rate | 69.1% | 71.1%-2.0pp | 82.1%-13.1pp | 62.5%+6.6pp |
| Annual return | 32.96% | 24.62%+8.3pp | 66.58%-33.6pp | 36.46%-3.5pp |
| Employer contribution / active EE | $3,106 | $4,053-23.4% | $4,554-31.8% | $2,529+22.8% |
| Participant deferral / active EE | $6,917 | $7,216-4.1% | $7,897-12.4% | $3,835+80.4% |
| Admin fee / account holder | $307 | $680-54.9% | $13,129-97.7% | $1,002-69.4% |