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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS COMPANY USA Service code 15 · EIN 01-0233346 | Recordkeeping | $50 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $70,693 | $41,647+69.7% | $96,171-26.5% | $86,821-18.6% |
| Participation rate | 9.8% | 50.3%-40.5pp | 68.4%-58.6pp | 72.3%-62.5pp |
| Annual return | 14.66% | 27.24%-12.6pp | 192.04%-177.4pp | 97.94%-83.3pp |
| Employer contribution / active EE | $337 | $1,328-74.7% | $2,799-88.0% | $2,406-86.0% |
| Participant deferral / active EE | $612 | $2,412-74.6% | $4,350-85.9% | $4,132-85.2% |
| Admin fee / account holder | $20 | $169-88.1% | $5,538-99.6% | $170-88.2% |