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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $939 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $44,438 | $86,341-48.5% | $125,192-64.5% | $65,185-31.8% |
| Participation rate | 76.3% | 75.3%+1.0pp | 79.8%-3.5pp | 70.2%+6.1pp |
| Annual return | 26.30% | 27.44%-1.1pp | 43.79%-17.5pp | 29.38%-3.1pp |
| Employer contribution / active EE | $2,100 | $2,040+2.9% | $3,866-45.7% | $2,177-3.5% |
| Participant deferral / active EE | $3,337 | $3,538-5.7% | $4,937-32.4% | $3,514-5.0% |
| Admin fee / account holder | $365 | $609-40.1% | $9,704-96.2% | $847-56.9% |