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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $197,634 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,974 | $107,218-15.2% | $115,768-21.4% | $79,634+14.2% |
| Participation rate | 99.6% | 76.8%+22.8pp | 74.4%+25.2pp | 62.5%+37.1pp |
| Annual return | 11.47% | 15.41%-3.9pp | 100.46%-89.0pp | 36.46%-25.0pp |
| Employer contribution / active EE | $7,636 | $3,627+110.5% | $2,940+159.7% | $2,529+201.9% |
| Participant deferral / active EE | $4,080 | $5,091-19.9% | $4,917-17.0% | $3,835+6.4% |
| Admin fee / account holder | $302 | $576-47.6% | $12,439-97.6% | $1,002-69.9% |