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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 | $112,596-23.6% | $152,301-43.5% | $64,728+33.0% |
| Participation rate | 69.1% | 63.6%+5.4pp | 82.4%-13.4pp | 57.9%+11.2pp |
| Annual return | 32.96% | 23.76%+9.2pp | 80.50%-47.5pp | 49.38%-16.4pp |
| Employer contribution / active EE | $3,106 | $3,716-16.4% | $4,624-32.8% | $2,243+38.5% |
| Participant deferral / active EE | $6,917 | $6,075+13.9% | $8,004-13.6% | $2,729+153.4% |
| Admin fee / account holder | $307 | $996-69.2% | $14,398-97.9% | $1,145-73.2% |