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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $46 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $22,172 | $46,360-52.2% | $147,617-85.0% | $52,331-57.6% |
| Participation rate | 21.1% | 64.9%-43.9pp | 84.6%-63.6pp | 68.1%-47.1pp |
| Annual return | -3.34% | 1.62%-5.0pp | 61.98%-65.3pp | 4.54%-7.9pp |
| Employer contribution / active EE | $494 | $2,126-76.8% | $5,564-91.1% | $1,882-73.8% |
| Participant deferral / active EE | $910 | $2,258-59.7% | $4,895-81.4% | $3,022-69.9% |
| Admin fee / account holder | $198 | $766-74.2% | $11,612-98.3% | $592-66.6% |