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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $623 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $36,518 | $66,302-44.9% | $110,243-66.9% | $56,289-35.1% |
| Participation rate | 81.5% | 74.9%+6.5pp | 79.8%+1.6pp | 69.9%+11.6pp |
| Annual return | 6.85% | -1.18%+8.0pp | 314.76%-307.9pp | -9.96%+16.8pp |
| Employer contribution / active EE | $2,189 | $2,047+6.9% | $3,827-42.8% | $2,111+3.7% |
| Participant deferral / active EE | $3,947 | $3,381+16.7% | $4,672-15.5% | $3,350+17.8% |
| Admin fee / account holder | $346 | $698-50.4% | $8,548-95.9% | $521-33.5% |