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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $49,490 |
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 | $71,713 | $106,164-32.5% | $147,041-51.2% | $77,692-7.7% |
| Participation rate | 63.4% | 78.4%-15.0pp | 82.2%-18.8pp | 70.6%-7.2pp |
| Annual return | 17.84% | 56.81%-39.0pp | 419.21%-401.4pp | 31.25%-13.4pp |
| Employer contribution / active EE | $3,059 | $4,066-24.8% | $4,935-38.0% | $2,726+12.2% |
| Participant deferral / active EE | $6,955 | $7,993-13.0% | $8,071-13.8% | $4,648+49.6% |
| Admin fee / account holder | $391 | $338+15.8% | $13,006-97.0% | $431-9.1% |