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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 | $41,636 | $76,774-45.8% | $112,249-62.9% | $77,906-46.6% |
| Participation rate | 1.8% | 80.2%-78.3pp | 75.1%-73.2pp | 73.7%-71.9pp |
| Annual return | -15.51% | -10.25%-5.3pp | 27.48%-43.0pp | 12.16%-27.7pp |
| Employer contribution / active EE | $0 | $3,977-100.0% | $3,636-100.0% | $2,846-100.0% |
| Participant deferral / active EE | $89 | $3,778-97.7% | $4,729-98.1% | $4,805-98.2% |
| Admin fee / account holder | $169 | $239-29.1% | $6,412-97.4% | $133+27.7% |