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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS. CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $35,867 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $125,744 | $58,888+113.5% | $178,499-29.6% | $73,493+71.1% |
| Participation rate | 100.0% | 66.2%+33.8pp | 81.9%+18.1pp | 70.7%+29.3pp |
| Annual return | 13.57% | 24.86%-11.3pp | 151.10%-137.5pp | 28.51%-14.9pp |
| Employer contribution / active EE | $6,581 | $2,236+194.3% | $5,011+31.3% | $2,270+189.9% |
| Participant deferral / active EE | $5,174 | $2,568+101.5% | $5,202-0.5% | $3,740+38.4% |
| Admin fee / account holder | $690 | $400+72.3% | $13,986-95.1% | $513+34.4% |