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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $800 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,317 | $91,439-48.3% | $135,974-65.2% | $71,511-33.8% |
| Participation rate | 79.4% | 75.7%+3.8pp | 81.9%-2.5pp | 67.9%+11.5pp |
| Annual return | 31.55% | 29.90%+1.7pp | 68.30%-36.8pp | 28.86%+2.7pp |
| Employer contribution / active EE | $4,298 | $3,705+16.0% | $4,859-11.5% | $2,589+66.0% |
| Participant deferral / active EE | $9,220 | $7,093+30.0% | $7,760+18.8% | $4,291+114.9% |
| Admin fee / account holder | $340 | $1,267-73.1% | $10,767-96.8% | $1,588-78.6% |