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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,987 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,869 | $46,332-65.7% | $143,797-89.0% | $64,824-75.5% |
| Participation rate | 31.2% | 64.2%-33.1pp | 80.3%-49.1pp | 71.5%-40.3pp |
| Annual return | -14.42% | -10.05%-4.4pp | -0.04%-14.4pp | 32.84%-47.3pp |
| Employer contribution / active EE | $622 | $1,911-67.5% | $4,952-87.4% | $2,507-75.2% |
| Participant deferral / active EE | $933 | $2,647-64.7% | $5,638-83.4% | $4,311-78.3% |
| Admin fee / account holder | $143 | $154-6.9% | $14,679-99.0% | $188-23.7% |