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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 | $105,248-18.2% | $147,318-41.6% | $71,012+21.2% |
| Participation rate | 69.1% | 66.1%+2.9pp | 82.1%-13.0pp | 58.6%+10.5pp |
| Annual return | 32.96% | 26.02%+6.9pp | 70.43%-37.5pp | 37.67%-4.7pp |
| Employer contribution / active EE | $3,106 | $3,785-17.9% | $4,593-32.4% | $2,348+32.3% |
| Participant deferral / active EE | $6,917 | $6,452+7.2% | $7,906-12.5% | $3,246+113.1% |
| Admin fee / account holder | $307 | $862-64.4% | $13,708-97.8% | $1,167-73.7% |