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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 | $2,024 |
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 | $57,212 | $61,356-6.8% | $149,696-61.8% | $71,511-20.0% |
| Participation rate | 70.1% | 62.5%+7.6pp | 78.8%-8.7pp | 67.9%+2.2pp |
| Annual return | 21.49% | 35.86%-14.4pp | 134.46%-113.0pp | 28.86%-7.4pp |
| Employer contribution / active EE | $1,108 | $2,382-53.5% | $4,821-77.0% | $2,589-57.2% |
| Participant deferral / active EE | $2,901 | $2,920-0.6% | $5,682-48.9% | $4,291-32.4% |
| Admin fee / account holder | $370 | $1,263-70.7% | $13,212-97.2% | $1,588-76.7% |