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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $320 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $34,805 | $43,075-19.2% | $74,577-53.3% | $62,881-44.6% |
| Participation rate | 68.6% | 58.1%+10.6pp | 68.1%+0.5pp | 69.3%-0.7pp |
| Annual return | 5.12% | 17.50%-12.4pp | 20.47%-15.4pp | 20.14%-15.0pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,277 | $2,389-4.7% | $3,458-34.1% | $3,203-28.9% |
| Admin fee / account holder | $7 | $2,840-99.7% | $4,138-99.8% | $4,296-99.8% |