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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS COMPANY Service code 15 · EIN 01-0233346 | Recordkeeping | $174 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $22,945 | $33,745-32.0% | $64,105-64.2% | $55,191-58.4% |
| Participation rate | 38.2% | 59.4%-21.2pp | 68.2%-30.0pp | 69.2%-31.0pp |
| Annual return | -2.22% | 4.95%-7.2pp | 791.24%-793.5pp | 10.78%-13.0pp |
| Employer contribution / active EE | $581 | $641-9.4% | $1,820-68.1% | $1,899-69.4% |
| Participant deferral / active EE | $846 | $1,929-56.2% | $2,822-70.0% | $3,046-72.2% |
| Admin fee / account holder | $64 | $94-32.2% | $4,499-98.6% | $91-29.6% |