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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $2,272 |
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.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,688 | $55,470+16.6% | $155,556-58.4% | $74,478-13.1% |
| Participation rate | 66.8% | 61.9%+4.9pp | 78.2%-11.4pp | 67.2%-0.4pp |
| Annual return | 12.69% | 269.80%-257.1pp | 64.84%-52.2pp | 1370.56%-1357.9pp |
| Employer contribution / active EE | $1,519 | $2,267-33.0% | $4,675-67.5% | $2,626-42.2% |
| Participant deferral / active EE | $3,030 | $2,838+6.8% | $5,631-46.2% | $4,350-30.3% |
| Admin fee / account holder | $386 | $1,744-77.8% | $15,885-97.6% | $1,946-80.1% |