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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $0 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,681 | $88,770-46.3% | $109,163-56.3% | $93,010-48.7% |
| Participation rate | 2.0% | 81.5%-79.4pp | 75.9%-73.8pp | 73.9%-71.9pp |
| Annual return | 15.49% | 60.64%-45.1pp | 25.75%-10.3pp | 158.70%-143.2pp |
| Employer contribution / active EE | $0 | $3,780-100.0% | $3,723-100.0% | $2,705-100.0% |
| Participant deferral / active EE | $92 | $3,630-97.5% | $4,654-98.0% | $4,561-98.0% |
| Admin fee / account holder | $42 | $172-75.7% | $6,754-99.4% | $152-72.4% |