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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 | $784 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $50,027 | $58,888-15.0% | $178,499-72.0% | $73,493-31.9% |
| Participation rate | 63.2% | 66.2%-3.1pp | 81.9%-18.8pp | 70.7%-7.5pp |
| Annual return | 16.38% | 24.86%-8.5pp | 151.10%-134.7pp | 28.51%-12.1pp |
| Employer contribution / active EE | $912 | $2,236-59.2% | $5,011-81.8% | $2,270-59.8% |
| Participant deferral / active EE | $2,121 | $2,568-17.4% | $5,202-59.2% | $3,740-43.3% |
| Admin fee / account holder | $299 | $400-25.4% | $13,986-97.9% | $513-41.8% |