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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $218 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,693 | $84,493+10.9% | $125,381-25.3% | $66,938+40.0% |
| Participation rate | 63.6% | 76.4%-12.8pp | 82.4%-18.8pp | 69.8%-6.2pp |
| Annual return | -14.61% | -8.49%-6.1pp | 572.31%-586.9pp | 1.58%-16.2pp |
| Employer contribution / active EE | $1,832 | $3,554-48.5% | $4,815-62.0% | $2,545-28.0% |
| Participant deferral / active EE | $7,876 | $6,783+16.1% | $7,448+5.8% | $4,238+85.8% |
| Admin fee / account holder | $129 | $685-81.2% | $10,007-98.7% | $594-78.3% |