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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $556 |
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 | $51,694 | $40,174+28.7% | $84,021-38.5% | $67,579-23.5% |
| Participation rate | 19.1% | 62.7%-43.6pp | 69.0%-49.9pp | 71.3%-52.2pp |
| Annual return | 19.03% | 25.82%-6.8pp | 71.32%-52.3pp | 378.56%-359.5pp |
| Employer contribution / active EE | $301 | $808-62.7% | $1,984-84.8% | $2,148-86.0% |
| Participant deferral / active EE | $741 | $2,301-67.8% | $3,239-77.1% | $3,539-79.1% |
| Admin fee / account holder | $297 | $128+131.4% | $6,102-95.1% | $142+108.7% |