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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 | $595 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $41,303 | $52,961-22.0% | $172,752-76.1% | $65,185-36.6% |
| Participation rate | 63.6% | 66.2%-2.6pp | 82.6%-19.0pp | 70.2%-6.6pp |
| Annual return | 21.05% | 30.12%-9.1pp | 802.97%-781.9pp | 29.38%-8.3pp |
| Employer contribution / active EE | $865 | $2,190-60.5% | $5,144-83.2% | $2,177-60.2% |
| Participant deferral / active EE | $1,997 | $2,471-19.2% | $5,198-61.6% | $3,514-43.2% |
| Admin fee / account holder | $170 | $472-64.0% | $13,955-98.8% | $847-80.0% |