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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 14201 | Recordkeeping | $18,814 |
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 | $98,013 | $50,919+92.5% | $155,556-37.0% | $77,762+26.0% |
| Participation rate | 100.0% | 63.1%+36.9pp | 78.2%+21.8pp | 70.6%+29.4pp |
| Annual return | 16.86% | 34.84%-18.0pp | 64.84%-48.0pp | 31.27%-14.4pp |
| Employer contribution / active EE | $5,728 | $1,991+187.6% | $4,675+22.5% | $2,728+110.0% |
| Participant deferral / active EE | $5,073 | $2,824+79.6% | $5,631-9.9% | $4,651+9.1% |
| Admin fee / account holder | $331 | $437-24.3% | $15,885-97.9% | $433-23.6% |