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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $476 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $14,791 | $26,805-44.8% | $59,496-75.1% | $52,331-71.7% |
| Participation rate | 31.3% | 39.3%-8.0pp | 54.6%-23.2pp | 68.1%-36.8pp |
| Annual return | -2.27% | 2.61%-4.9pp | 182.05%-184.3pp | 4.54%-6.8pp |
| Employer contribution / active EE | $0 | $450-100.0% | $1,153-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $557 | $916-39.3% | $1,829-69.6% | $3,022-81.6% |
| Admin fee / account holder | $256 | $305-16.0% | $2,232-88.5% | $592-56.7% |