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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,696 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $61,682 | $38,365+60.8% | $84,637-27.1% | $65,186-5.4% |
| Participation rate | 84.1% | 55.7%+28.4pp | 68.2%+15.8pp | 70.2%+13.9pp |
| Annual return | 20.25% | 32.00%-11.7pp | 258.82%-238.6pp | 29.39%-9.1pp |
| Employer contribution / active EE | $2,728 | $1,258+116.8% | $2,653+2.8% | $2,177+25.3% |
| Participant deferral / active EE | $5,469 | $2,278+140.0% | $3,900+40.2% | $3,514+55.6% |
| Admin fee / account holder | $396 | $451-12.2% | $4,914-91.9% | $847-53.2% |