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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 | $900 |
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 | $58,534 | $101,591-42.4% | $147,096-60.2% | $74,429-21.4% |
| Participation rate | 79.2% | 75.5%+3.7pp | 82.2%-2.9pp | 67.2%+12.0pp |
| Annual return | 16.01% | 8746.45%-8730.4pp | 419.75%-403.7pp | 1368.38%-1352.4pp |
| Employer contribution / active EE | $2,465 | $3,813-35.3% | $4,936-50.1% | $2,625-6.1% |
| Participant deferral / active EE | $11,071 | $7,302+51.6% | $8,071+37.2% | $4,348+154.6% |
| Admin fee / account holder | $437 | $1,750-75.0% | $13,005-96.6% | $1,944-77.5% |