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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $1,954 |
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 | $53,843 | $79,089-31.9% | $100,392-46.4% | $74,459-27.7% |
| Participation rate | 97.8% | 79.4%+18.4pp | 81.5%+16.3pp | 67.2%+30.6pp |
| Annual return | 26.73% | 20.61%+6.1pp | 49.45%-22.7pp | 1369.70%-1343.0pp |
| Employer contribution / active EE | $6,704 | $3,015+122.3% | $3,941+70.1% | $2,626+155.3% |
| Participant deferral / active EE | $14,226 | $7,747+83.6% | $8,090+75.9% | $4,350+227.1% |
| Admin fee / account holder | $382 | $1,336-71.4% | $7,904-95.2% | $1,945-80.4% |