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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $5,746 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,493 | $116,081-7.4% | $156,181-31.2% | $79,634+35.0% |
| Participation rate | 78.0% | 75.6%+2.4pp | 78.8%-0.8pp | 62.5%+15.5pp |
| Annual return | 16.67% | 15.89%+0.8pp | 64.87%-48.2pp | 36.46%-19.8pp |
| Employer contribution / active EE | $2,705 | $2,828-4.4% | $4,294-37.0% | $2,529+7.0% |
| Participant deferral / active EE | $2,723 | $4,584-40.6% | $6,132-55.6% | $3,835-29.0% |
| Admin fee / account holder | $356 | $854-58.3% | $14,586-97.6% | $1,002-64.5% |