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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 | $1,544 |
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 | $34,860 | $70,917-50.8% | $98,920-64.8% | $73,493-52.6% |
| Participation rate | 93.2% | 73.8%+19.4pp | 76.0%+17.2pp | 70.7%+22.5pp |
| Annual return | 23.76% | 34.18%-10.4pp | 196.47%-172.7pp | 28.51%-4.8pp |
| Employer contribution / active EE | $1,478 | $2,037-27.4% | $2,689-45.0% | $2,270-34.9% |
| Participant deferral / active EE | $8,512 | $3,501+143.1% | $4,245+100.5% | $3,740+127.6% |
| Admin fee / account holder | $252 | $535-53.0% | $6,643-96.2% | $513-51.0% |