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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $258 |
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 | $44,802 | $73,102-38.7% | $123,549-63.7% | $56,287-20.4% |
| Participation rate | 41.2% | 74.3%-33.1pp | 82.3%-41.1pp | 69.9%-28.7pp |
| Annual return | -6.39% | 3.01%-9.4pp | 119.20%-125.6pp | -9.96%+3.6pp |
| Employer contribution / active EE | $0 | $2,977-100.0% | $4,628-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $4,510 | $5,423-16.8% | $6,426-29.8% | $3,350+34.6% |
| Admin fee / account holder | $200 | $554-63.9% | $9,284-97.8% | $521-61.7% |