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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $448 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,001 | $37,044-5.5% | $71,796-51.2% | $57,658-39.3% |
| Participation rate | 19.4% | 61.1%-41.7pp | 69.1%-49.7pp | 70.2%-50.8pp |
| Annual return | 9.07% | 12.64%-3.6pp | 78.04%-69.0pp | 5.13%+3.9pp |
| Employer contribution / active EE | $291 | $720-59.5% | $1,924-84.9% | $1,974-85.2% |
| Participant deferral / active EE | $625 | $1,974-68.3% | $2,794-77.6% | $3,061-79.6% |
| Admin fee / account holder | $211 | $101+108.8% | $4,815-95.6% | $95+122.9% |