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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 | $127,689-32.6% | $146,866-41.4% | $65,191+32.0% |
| Participation rate | 69.1% | 68.4%+0.7pp | 82.5%-13.5pp | 63.0%+6.1pp |
| Annual return | 32.96% | 22.89%+10.1pp | 102.85%-69.9pp | 51.24%-18.3pp |
| Employer contribution / active EE | $3,106 | $4,150-25.2% | $4,425-29.8% | $2,400+29.4% |
| Participant deferral / active EE | $6,917 | $6,458+7.1% | $7,759-10.8% | $2,671+158.9% |
| Admin fee / account holder | $307 | $1,041-70.5% | $13,620-97.7% | $907-66.2% |