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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 | Recordkeeping | $1,318 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,023 | $77,677-49.8% | $109,173-64.3% | $79,391-50.8% |
| Participation rate | 100.0% | 67.8%+32.2pp | 75.9%+24.1pp | 70.7%+29.3pp |
| Annual return | 12.19% | 23.44%-11.3pp | 25.75%-13.6pp | 116.88%-104.7pp |
| Employer contribution / active EE | $2,160 | $2,798-22.8% | $3,723-42.0% | $2,428-11.0% |
| Participant deferral / active EE | $2,067 | $3,517-41.2% | $4,654-55.6% | $4,046-48.9% |
| Admin fee / account holder | $308 | $732-57.9% | $6,755-95.4% | $627-50.8% |