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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $38,767 |
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 | $107,463 | $50,812+111.5% | $155,602-30.9% | $77,692+38.3% |
| Participation rate | 77.5% | 63.1%+14.4pp | 78.2%-0.7pp | 70.6%+6.9pp |
| Annual return | 13.93% | 34.85%-20.9pp | 64.81%-50.9pp | 31.25%-17.3pp |
| Employer contribution / active EE | $4,322 | $1,989+117.3% | $4,675-7.6% | $2,726+58.5% |
| Participant deferral / active EE | $3,149 | $2,822+11.6% | $5,629-44.1% | $4,648-32.3% |
| Admin fee / account holder | $452 | $436+3.5% | $15,923-97.2% | $431+4.9% |