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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $493 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $17,577 | $77,816-77.4% | $123,549-85.8% | $64,181-72.6% |
| Participation rate | 65.9% | 74.7%-8.8pp | 82.3%-16.4pp | 69.6%-3.6pp |
| Annual return | -3.57% | 12.49%-16.1pp | 119.20%-122.8pp | 7.63%-11.2pp |
| Employer contribution / active EE | $1,233 | $3,014-59.1% | $4,628-73.4% | $2,381-48.2% |
| Participant deferral / active EE | $3,675 | $5,240-29.9% | $6,426-42.8% | $3,470+5.9% |
| Admin fee / account holder | $84 | $5,519-98.5% | $9,284-99.1% | $4,887-98.3% |