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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $36,422 |
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 | $72,301 | $88,186-18.0% | $165,071-56.2% | $74,459-2.9% |
| Participation rate | 84.6% | 73.1%+11.5pp | 78.6%+6.0pp | 67.2%+17.4pp |
| Annual return | 12.87% | 17.13%-4.3pp | 70.17%-57.3pp | 1369.70%-1356.8pp |
| Employer contribution / active EE | $2,785 | $2,600+7.1% | $4,347-35.9% | $2,626+6.1% |
| Participant deferral / active EE | $6,928 | $4,505+53.8% | $6,035+14.8% | $4,350+59.3% |
| Admin fee / account holder | $433 | $2,234-80.6% | $12,695-96.6% | $1,945-77.7% |