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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 | $130,795-70.8% | $173,730-78.0% | $64,728-41.0% |
| Participation rate | 86.2% | 69.9%+16.3pp | 79.6%+6.6pp | 57.9%+28.3pp |
| Annual return | 12.37% | 13.01%-0.6pp | 19.96%-7.6pp | 49.38%-37.0pp |
| Employer contribution / active EE | $1,980 | $2,914-32.1% | $4,577-56.7% | $2,243-11.7% |
| Participant deferral / active EE | $5,179 | $3,477+48.9% | $6,326-18.1% | $2,729+89.7% |
| Admin fee / account holder | $16 | $1,356-98.8% | $17,523-99.9% | $1,145-98.6% |