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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $5,680 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $162,644 | $81,358+99.9% | $155,556+4.6% | $80,959+100.9% |
| Participation rate | 100.0% | 66.3%+33.7pp | 78.2%+21.8pp | 67.7%+32.3pp |
| Annual return | 12.00% | 33.39%-21.4pp | 64.84%-52.8pp | 35.67%-23.7pp |
| Employer contribution / active EE | $4,542 | $3,106+46.2% | $4,675-2.9% | $2,757+64.7% |
| Participant deferral / active EE | $7,709 | $3,455+123.1% | $5,631+36.9% | $4,300+79.3% |
| Admin fee / account holder | $626 | $7,994-92.2% | $15,885-96.1% | $6,925-91.0% |