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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 | $55,446+16.7% | $155,574-58.4% | $74,429-13.1% |
| Participation rate | 66.8% | 61.9%+4.9pp | 78.2%-11.4pp | 67.2%-0.4pp |
| Annual return | 12.69% | 269.20%-256.5pp | 64.87%-52.2pp | 1368.38%-1355.7pp |
| Employer contribution / active EE | $1,519 | $2,266-33.0% | $4,676-67.5% | $2,625-42.1% |
| Participant deferral / active EE | $3,030 | $2,836+6.8% | $5,629-46.2% | $4,348-30.3% |
| Admin fee / account holder | $386 | $1,743-77.8% | $15,914-97.6% | $1,944-80.1% |