Filed April 5, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 10 · EIN 59-3560915 | Accounting | $4,712 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO.USA Service code 15 · EIN 01-0233346 | Recordkeeping | $2,046 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,544 | $55,470-63.0% | $155,556-86.8% | $74,478-72.4% |
| Participation rate | 46.9% | 61.9%-15.0pp | 78.2%-31.3pp | 67.2%-20.3pp |
| Annual return | 15.90% | 269.80%-253.9pp | 64.84%-48.9pp | 1370.56%-1354.7pp |
| Employer contribution / active EE | $437 | $2,267-80.7% | $4,675-90.6% | $2,626-83.3% |
| Participant deferral / active EE | $2,001 | $2,838-29.5% | $5,631-64.5% | $4,350-54.0% |
| Admin fee / account holder | $156 | $1,744-91.0% | $15,885-99.0% | $1,946-92.0% |