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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $210 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,430 | $34,492-49.5% | $80,004-78.2% | $55,191-68.4% |
| Participation rate | 76.5% | 62.9%+13.6pp | 73.0%+3.5pp | 69.2%+7.3pp |
| Annual return | 1.21% | 3.50%-2.3pp | 7.63%-6.4pp | 10.78%-9.6pp |
| Employer contribution / active EE | $1 | $1,043-99.9% | $2,473-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $2,172 | $2,104+3.3% | $3,204-32.2% | $3,046-28.7% |
| Admin fee / account holder | $9 | $69-87.3% | $5,033-99.8% | $91-90.3% |