Filed April 4, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK (USA) Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14302 | Recordkeeping | $35,319 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $24,433 | $58,888-58.5% | $178,499-86.3% | $73,493-66.8% |
| Participation rate | 64.2% | 66.2%-2.1pp | 81.9%-17.8pp | 70.7%-6.5pp |
| Annual return | 3.31% | 24.86%-21.6pp | 151.10%-147.8pp | 28.51%-25.2pp |
| Employer contribution / active EE | $984 | $2,236-56.0% | $5,011-80.4% | $2,270-56.6% |
| Participant deferral / active EE | $1,479 | $2,568-42.4% | $5,202-71.6% | $3,740-60.5% |
| Admin fee / account holder | $222 | $400-44.5% | $13,986-98.4% | $513-56.7% |