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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO.USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,248 |
Service code 10 · EIN 59-3560915 | Accounting | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $100,676 | $73,102+37.7% | $123,553-18.5% | $56,289+78.9% |
| Participation rate | 97.8% | 74.3%+23.5pp | 82.3%+15.5pp | 69.9%+28.0pp |
| Annual return | -5.80% | 3.01%-8.8pp | 119.21%-125.0pp | -9.96%+4.2pp |
| Employer contribution / active EE | $5,613 | $2,977+88.6% | $4,628+21.3% | $2,111+165.9% |
| Participant deferral / active EE | $4,323 | $5,423-20.3% | $6,426-32.7% | $3,350+29.0% |
| Admin fee / account holder | $411 | $554-25.8% | $9,284-95.6% | $521-21.1% |