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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $353 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,301 | $58,320-77.2% | $86,438-84.6% | $66,938-80.1% |
| Participation rate | 82.4% | 78.6%+3.8pp | 80.3%+2.0pp | 69.8%+12.5pp |
| Annual return | -16.60% | -9.71%-6.9pp | 4397.19%-4413.8pp | 1.58%-18.2pp |
| Employer contribution / active EE | $0 | $2,615-100.0% | $3,769-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $5,620 | $6,899-18.5% | $6,952-19.2% | $4,238+32.6% |
| Admin fee / account holder | $10 | $546-98.2% | $6,733-99.9% | $594-98.4% |