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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 | Recordkeeping | $2,605 |
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 | $37,238 | $80,748-53.9% | $102,383-63.6% | $74,429-50.0% |
| Participation rate | 99.2% | 65.7%+33.5pp | 74.5%+24.7pp | 67.2%+31.9pp |
| Annual return | 11.43% | 27.57%-16.1pp | 24.94%-13.5pp | 1368.38%-1357.0pp |
| Employer contribution / active EE | $2,231 | $3,159-29.4% | $3,870-42.4% | $2,625-15.0% |
| Participant deferral / active EE | $1,874 | $3,861-51.5% | $5,060-63.0% | $4,348-56.9% |
| Admin fee / account holder | $325 | $2,371-86.3% | $8,391-96.1% | $1,944-83.3% |