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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 | $50,860+219.8% | $155,574+4.6% | $77,714+109.3% |
| Participation rate | 67.0% | 63.1%+3.9pp | 78.2%-11.2pp | 70.6%-3.5pp |
| Annual return | 13.83% | 34.86%-21.0pp | 64.87%-51.0pp | 31.26%-17.4pp |
| Employer contribution / active EE | $15,741 | $1,991+690.7% | $4,676+236.6% | $2,727+477.3% |
| Participant deferral / active EE | $9,640 | $2,825+241.3% | $5,629+71.2% | $4,649+107.3% |
| Admin fee / account holder | $138 | $436-68.5% | $15,914-99.1% | $433-68.2% |