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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $87,342 | $89,652-2.6% | $141,191-38.1% | $65,185+34.0% |
| Participation rate | 63.2% | 74.7%-11.5pp | 82.5%-19.2pp | 70.2%-7.0pp |
| Annual return | 22.05% | 32.79%-10.7pp | 71.41%-49.4pp | 29.38%-7.3pp |
| Employer contribution / active EE | $0 | $3,065-100.0% | $4,736-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $6,966 | $5,691+22.4% | $6,710+3.8% | $3,514+98.2% |
| Admin fee / account holder | $180 | $569-68.3% | $10,264-98.2% | $847-78.7% |