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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $48 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,025 | $54,320-35.5% | $67,652-48.2% | $52,331-33.1% |
| Participation rate | 80.6% | 73.6%+7.0pp | 75.7%+5.0pp | 68.1%+12.5pp |
| Annual return | -2.44% | 6.81%-9.2pp | 6625.04%-6627.5pp | 4.54%-7.0pp |
| Employer contribution / active EE | $1,497 | $1,544-3.0% | $2,266-33.9% | $1,882-20.4% |
| Participant deferral / active EE | $2,847 | $2,950-3.5% | $3,560-20.0% | $3,022-5.8% |
| Admin fee / account holder | $12 | $527-97.7% | $4,821-99.8% | $592-98.0% |