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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS. CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $14,141 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,463 | $50,464-71.3% | $75,781-80.9% | $52,331-72.4% |
| Participation rate | 72.0% | 66.8%+5.2pp | 75.8%-3.9pp | 68.1%+3.9pp |
| Annual return | 1.05% | 1.03%0pp | 9.68%-8.6pp | 4.54%-3.5pp |
| Employer contribution / active EE | $2,357 | $1,988+18.5% | $3,323-29.1% | $1,882+25.2% |
| Participant deferral / active EE | $607 | $2,570-76.4% | $3,651-83.4% | $3,022-79.9% |
| Admin fee / account holder | $94 | $1,103-91.4% | $5,299-98.2% | $592-84.0% |