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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $726 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $18,602 | $58,093-68.0% | $80,022-76.8% | $56,289-67.0% |
| Participation rate | 93.1% | 73.6%+19.5pp | 75.8%+17.3pp | 69.9%+23.3pp |
| Annual return | -8.65% | 34.63%-43.3pp | 11.22%-19.9pp | -9.96%+1.3pp |
| Employer contribution / active EE | $1,423 | $1,933-26.4% | $2,468-42.3% | $2,111-32.6% |
| Participant deferral / active EE | $5,710 | $3,136+82.1% | $3,686+54.9% | $3,350+70.5% |
| Admin fee / account holder | $158 | $623-74.7% | $6,521-97.6% | $521-69.8% |