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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $30,150 |
PENSION ASSURANCE LLP7 years Filed as: PENSION BENEFITS UNLIMITED, INC. Service code 13 · EIN 33-0499726 | Contract Administrator | $8,380 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,769 | $45,872+17.2% | $77,096-30.3% | $68,486-21.5% |
| Participation rate | 80.3% | 55.9%+24.4pp | 67.9%+12.4pp | 67.9%+12.4pp |
| Annual return | -17.99% | 1.73%-19.7pp | 42.35%-60.3pp | -7.85%-10.1pp |
| Employer contribution / active EE | $4,127 | $1,650+150.2% | $2,814+46.7% | $2,597+58.9% |
| Participant deferral / active EE | $3,349 | $2,963+13.0% | $4,429-24.4% | $4,028-16.8% |
| Admin fee / account holder | $500 | $3,041-83.5% | $5,428-90.8% | $5,404-90.7% |