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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $6,998 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,191 | $116,081-67.1% | $156,181-75.5% | $79,634-52.0% |
| Participation rate | 86.2% | 75.6%+10.6pp | 78.8%+7.3pp | 62.5%+23.7pp |
| Annual return | 12.37% | 15.89%-3.5pp | 64.87%-52.5pp | 36.46%-24.1pp |
| Employer contribution / active EE | $1,980 | $2,828-30.0% | $4,294-53.9% | $2,529-21.7% |
| Participant deferral / active EE | $5,179 | $4,584+13.0% | $6,132-15.5% | $3,835+35.1% |
| Admin fee / account holder | $16 | $854-98.1% | $14,586-99.9% | $1,002-98.4% |