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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,000 |
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 | $74,581 | $64,890+14.9% | $134,172-44.4% | $67,986+9.7% |
| Participation rate | 100.0% | 48.5%+51.5pp | 72.5%+27.5pp | 57.2%+42.8pp |
| Annual return | 17.29% | 16.12%+1.2pp | 25.30%-8.0pp | 31.67%-14.4pp |
| Employer contribution / active EE | $7,710 | $1,360+467.0% | $3,420+125.4% | $2,019+281.9% |
| Participant deferral / active EE | $5,322 | $2,289+132.5% | $4,690+13.5% | $3,358+58.5% |
| Admin fee / account holder | $415 | $3,140-86.8% | $12,016-96.5% | $3,203-87.0% |