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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 | $1,839 |
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 | $23,838 | $66,319-64.1% | $93,621-74.5% | $65,185-63.4% |
| Participation rate | 90.8% | 74.0%+16.8pp | 75.8%+15.0pp | 70.2%+20.6pp |
| Annual return | 24.22% | 42.59%-18.4pp | 32.76%-8.5pp | 29.38%-5.2pp |
| Employer contribution / active EE | $1,363 | $2,013-32.3% | $2,719-49.9% | $2,177-37.4% |
| Participant deferral / active EE | $5,951 | $3,343+78.0% | $4,070+46.2% | $3,514+69.4% |
| Admin fee / account holder | $195 | $6,900-97.2% | $7,890-97.5% | $847-77.0% |