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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $5,356 |
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 | $143,301 | $73,863+94.0% | $143,797-0.3% | $68,490+109.2% |
| Participation rate | 97.9% | 66.7%+31.2pp | 80.3%+17.6pp | 67.9%+30.0pp |
| Annual return | -15.81% | 0.91%-16.7pp | -0.04%-15.8pp | -7.85%-8.0pp |
| Employer contribution / active EE | $4,428 | $3,185+39.0% | $4,952-10.6% | $2,597+70.5% |
| Participant deferral / active EE | $9,326 | $3,385+175.5% | $5,638+65.4% | $4,028+131.5% |
| Admin fee / account holder | $688 | $5,756-88.0% | $14,679-95.3% | $5,403-87.3% |