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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $7,657 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,279 | $86,897-84.7% | $151,645-91.2% | $64,824-79.5% |
| Participation rate | 81.3% | 87.3%-6.0pp | 87.5%-6.2pp | 71.5%+9.8pp |
| Annual return | -11.94% | -3.57%-8.4pp | 3.34%-15.3pp | 32.84%-44.8pp |
| Employer contribution / active EE | $539 | $4,010-86.6% | $6,165-91.3% | $2,507-78.5% |
| Participant deferral / active EE | $4,985 | $6,690-25.5% | $8,363-40.4% | $4,311+15.6% |
| Admin fee / account holder | $268 | $153+75.2% | $11,614-97.7% | $188+42.7% |