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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $3,576 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,757 | $45,343+60.5% | $150,298-51.6% | $67,986+7.0% |
| Participation rate | 70.8% | 51.9%+18.9pp | 77.8%-7.0pp | 57.2%+13.6pp |
| Annual return | 15.66% | 33.28%-17.6pp | 62.79%-47.1pp | 31.67%-16.0pp |
| Employer contribution / active EE | $1,593 | $1,462+9.0% | $4,154-61.6% | $2,019-21.1% |
| Participant deferral / active EE | $3,417 | $2,055+66.3% | $5,453-37.3% | $3,358+1.8% |
| Admin fee / account holder | $371 | $2,250-83.5% | $14,116-97.4% | $3,203-88.4% |