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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 | $106,247+11.9% | $147,096-19.2% | $77,714+53.0% |
| Participation rate | 85.6% | 78.4%+7.2pp | 82.2%+3.4pp | 70.6%+15.0pp |
| Annual return | 24.60% | 56.87%-32.3pp | 419.75%-395.1pp | 31.26%-6.7pp |
| Employer contribution / active EE | $6,294 | $4,069+54.7% | $4,936+27.5% | $2,727+130.8% |
| Participant deferral / active EE | $13,059 | $7,996+63.3% | $8,071+61.8% | $4,649+180.9% |
| Admin fee / account holder | $134 | $338-60.3% | $13,005-99.0% | $433-69.0% |