Filed December 8, 2016
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $114,631 |
PREMIER RETIREMENT PARTNERS6 years Service code 15 8040 EXCELSIOR DRIVE SUITE 401 · MADISON, WI 53118 | Recordkeeping | $9,940 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $452,036 | $29,546+1430.0% | $56,441+700.9% | $77,671+482.0% |
| Participation rate | 5.0% | 32.7%-27.7pp | 52.5%-47.5pp | 70.6%-65.6pp |
| Annual return | 14.52% | 19.01%-4.5pp | 1704.21%-1689.7pp | 31.21%-16.7pp |
| Employer contribution / active EE | $872 | $568+53.4% | $1,039-16.1% | $2,726-68.0% |
| Participant deferral / active EE | $1,585 | $1,061+49.4% | $1,953-18.9% | $4,648-65.9% |
| Admin fee / account holder | $2,650 | $1,046+153.4% | $2,829-6.3% | $430+515.8% |