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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 80-0709115 | Recordkeeping | $89,057 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $162,673 | $50,902+219.6% | $155,534+4.6% | $77,736+109.3% |
| Participation rate | 67.0% | 63.1%+4.0pp | 78.2%-11.2pp | 70.6%-3.5pp |
| Annual return | 13.83% | 34.85%-21.0pp | 64.92%-51.1pp | 31.26%-17.4pp |
| Employer contribution / active EE | $15,741 | $1,991+690.4% | $4,675+236.7% | $2,728+477.1% |
| Participant deferral / active EE | $9,640 | $2,824+241.3% | $5,630+71.2% | $4,651+107.3% |
| Admin fee / account holder | $138 | $437-68.5% | $15,900-99.1% | $433-68.2% |