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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 | Recordkeeping | $2,635 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,278 | $64,176-54.4% | $112,263-73.9% | $66,949-56.3% |
| Participation rate | 79.5% | 68.4%+11.0pp | 75.1%+4.4pp | 69.8%+9.6pp |
| Annual return | -16.63% | -13.80%-2.8pp | 27.49%-44.1pp | 1.57%-18.2pp |
| Employer contribution / active EE | $2,300 | $3,007-23.5% | $3,636-36.8% | $2,545-9.7% |
| Participant deferral / active EE | $4,003 | $3,694+8.4% | $4,729-15.4% | $4,239-5.6% |
| Admin fee / account holder | $225 | $626-64.1% | $6,410-96.5% | $594-62.2% |