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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $213 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,372 | $95,406-9.5% | $185,849-53.5% | $85,847+0.6% |
| Participation rate | 17.0% | 68.8%-51.7pp | 81.7%-64.7pp | 69.3%-52.3pp |
| Annual return | 13.41% | 23.59%-10.2pp | 122.10%-108.7pp | 318.61%-305.2pp |
| Employer contribution / active EE | $663 | $3,314-80.0% | $5,169-87.2% | $2,565-74.1% |
| Participant deferral / active EE | $1,652 | $3,424-51.7% | $5,569-70.3% | $3,952-58.2% |
| Admin fee / account holder | $340 | $7,214-95.3% | $16,244-97.9% | $6,261-94.6% |