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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS CO NEW YORK Service code 15 · EIN 13-3646501 | Recordkeeping | $92,725 |
Service code 37 · EIN 04-2647786 | Loan Processing | $15,256 |
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 | $118,912 | $106,264+11.9% | $147,117-19.2% | $77,762+52.9% |
| Participation rate | 85.6% | 78.4%+7.1pp | 82.2%+3.4pp | 70.6%+15.0pp |
| Annual return | 24.60% | 56.94%-32.3pp | 420.54%-395.9pp | 31.27%-6.7pp |
| Employer contribution / active EE | $6,294 | $4,074+54.5% | $4,932+27.6% | $2,728+130.7% |
| Participant deferral / active EE | $13,059 | $8,003+63.2% | $8,065+61.9% | $4,651+180.8% |
| Admin fee / account holder | $134 | $334-59.9% | $12,993-99.0% | $433-69.0% |