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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $2,310 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $325,961 | $58,895+453.5% | $178,503+82.6% | $73,497+343.5% |
| Participation rate | 100.0% | 66.2%+33.8pp | 81.9%+18.1pp | 70.7%+29.3pp |
| Annual return | 11.51% | 24.86%-13.4pp | 151.12%-139.6pp | 28.51%-17.0pp |
| Employer contribution / active EE | $12,179 | $2,236+444.7% | $5,011+143.0% | $2,270+436.5% |
| Participant deferral / active EE | $7,905 | $2,567+208.0% | $5,202+52.0% | $3,740+111.4% |
| Admin fee / account holder | $1,401 | $400+250.0% | $13,987-90.0% | $513+173.1% |