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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $572 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $70,088 | $77,638-9.7% | $156,551-55.2% | $62,881+11.5% |
| Participation rate | 98.9% | 71.2%+27.7pp | 84.0%+14.9pp | 69.3%+29.6pp |
| Annual return | 7.14% | 50.33%-43.2pp | 32.23%-25.1pp | 20.14%-13.0pp |
| Employer contribution / active EE | $1,929 | $3,444-44.0% | $5,501-64.9% | $2,281-15.4% |
| Participant deferral / active EE | $1,653 | $3,046-45.7% | $4,871-66.1% | $3,203-48.4% |
| Admin fee / account holder | $538 | $5,561-90.3% | $13,028-95.9% | $4,296-87.5% |