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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,156 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $27,137 | $84,499-67.9% | $125,391-78.4% | $66,949-59.5% |
| Participation rate | 59.1% | 76.4%-17.3pp | 82.4%-23.2pp | 69.8%-10.7pp |
| Annual return | -7.83% | -8.49%+0.7pp | 572.41%-580.2pp | 1.57%-9.4pp |
| Employer contribution / active EE | $1,775 | $3,554-50.0% | $4,816-63.1% | $2,545-30.3% |
| Participant deferral / active EE | $3,722 | $6,785-45.1% | $7,448-50.0% | $4,239-12.2% |
| Admin fee / account holder | $341 | $685-50.2% | $10,009-96.6% | $594-42.5% |