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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $198 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $21,565 | $54,320-60.3% | $67,652-68.1% | $52,331-58.8% |
| Participation rate | 89.5% | 73.6%+15.9pp | 75.7%+13.8pp | 68.1%+21.4pp |
| Annual return | -0.84% | 6.81%-7.6pp | 6625.40%-6626.2pp | 4.54%-5.4pp |
| Employer contribution / active EE | $663 | $1,544-57.0% | $2,266-70.7% | $1,882-64.7% |
| Participant deferral / active EE | $1,622 | $2,950-45.0% | $3,560-54.4% | $3,022-46.3% |
| Admin fee / account holder | $123 | $527-76.6% | $4,821-97.4% | $592-79.2% |