Filed January 19, 2015 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $306 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $13,157 | $33,914-61.2% | $63,412-79.3% | $52,331-74.9% |
| Participation rate | 32.1% | 59.6%-27.5pp | 67.1%-35.0pp | 68.1%-36.0pp |
| Annual return | 24.43% | 3.22%+21.2pp | 4.04%+20.4pp | 4.54%+19.9pp |
| Employer contribution / active EE | $358 | $1,121-68.0% | $1,814-80.3% | $1,882-81.0% |
| Participant deferral / active EE | $509 | $1,733-70.6% | $2,496-79.6% | $3,022-83.2% |
| Admin fee / account holder | $204 | $353-42.3% | $3,753-94.6% | $592-65.5% |