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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 | $370 |
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 | $16,683 | $25,723-35.1% | $69,182-75.9% | $55,167-69.8% |
| Participation rate | 29.6% | 39.4%-9.8pp | 55.1%-25.5pp | 69.0%-39.4pp |
| Annual return | 5.79% | 9.56%-3.8pp | -21.93%+27.7pp | 169.23%-163.4pp |
| Employer contribution / active EE | $0 | $480-100.0% | $1,206-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $570 | $963-40.8% | $1,897-70.0% | $3,054-81.3% |
| Admin fee / account holder | $272 | $365-25.3% | $2,697-89.9% | $504-46.0% |