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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $410 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,064 | $60,165-76.6% | $74,184-81.0% | $55,167-74.5% |
| Participation rate | 50.6% | 74.2%-23.5pp | 76.6%-26.0pp | 69.0%-18.4pp |
| Annual return | 99.52% | 10.00%+89.5pp | 17.74%+81.8pp | 169.23%-69.7pp |
| Employer contribution / active EE | $928 | $1,600-42.0% | $2,370-60.8% | $1,963-52.7% |
| Participant deferral / active EE | $1,610 | $2,973-45.9% | $3,550-54.7% | $3,054-47.3% |
| Admin fee / account holder | $50 | $419-88.0% | $5,586-99.1% | $504-90.0% |