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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $214 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,483 | $75,183-48.8% | $123,894-68.9% | $55,167-30.2% |
| Participation rate | 44.9% | 72.8%-27.9pp | 81.4%-36.5pp | 69.0%-24.1pp |
| Annual return | 11.14% | 19.01%-7.9pp | 47.52%-36.4pp | 169.23%-158.1pp |
| Employer contribution / active EE | $0 | $2,823-100.0% | $4,617-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $4,011 | $5,084-21.1% | $5,984-33.0% | $3,054+31.3% |
| Admin fee / account holder | $140 | $663-78.8% | $8,357-98.3% | $504-72.2% |