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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $298 |
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 | $95,433 | $99,957-4.5% | $149,730-36.3% | $73,493+29.9% |
| Participation rate | 67.9% | 75.7%-7.8pp | 82.5%-14.6pp | 70.7%-2.8pp |
| Annual return | 23.60% | 53.87%-30.3pp | 276.70%-253.1pp | 28.51%-4.9pp |
| Employer contribution / active EE | $2,143 | $3,191-32.8% | $4,645-53.9% | $2,270-5.6% |
| Participant deferral / active EE | $8,471 | $6,073+39.5% | $6,843+23.8% | $3,740+126.5% |
| Admin fee / account holder | $177 | $551-67.9% | $9,310-98.1% | $513-65.5% |