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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $518 |
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 | $43,934 | $48,064-8.6% | $78,778-44.2% | $69,631-36.9% |
| Participation rate | 18.4% | 61.6%-43.1pp | 69.2%-50.8pp | 70.7%-52.2pp |
| Annual return | 16.20% | 21.81%-5.6pp | 35.62%-19.4pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $329 | $744-55.8% | $1,986-83.4% | $2,032-83.8% |
| Participant deferral / active EE | $634 | $2,079-69.5% | $2,958-78.6% | $3,224-80.3% |
| Admin fee / account holder | $245 | $152+61.3% | $5,134-95.2% | $110+122.0% |