Filed October 11, 2024 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $2,388 |
PBMARES, LLP5 years Service code 10 · EIN 54-0737372 701 TOWN CENTER DRIVE · NEWPORT NEWS, VA 23606 | Accounting | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $62,704 | $122,042-48.6% | $184,243-66.0% | $74,429-15.8% |
| Participation rate | 96.5% | 85.5%+11.0pp | 86.8%+9.7pp | 67.2%+29.3pp |
| Annual return | 15.06% | 19.91%-4.9pp | 28.82%-13.8pp | 1368.38%-1353.3pp |
| Employer contribution / active EE | $6,590 | $4,538+45.2% | $6,427+2.5% | $2,625+151.1% |
| Participant deferral / active EE | $3,683 | $7,143-48.4% | $9,132-59.7% | $4,348-15.3% |
| Admin fee / account holder | $375 | $1,252-70.0% | $13,914-97.3% | $1,944-80.7% |