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| Provider | Service type | Compensation |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $53,046 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,603 | $50,919+19.0% | $155,556-61.0% | $77,762-22.1% |
| Participation rate | 48.9% | 63.1%-14.1pp | 78.2%-29.3pp | 70.6%-21.6pp |
| Annual return | 16.59% | 34.84%-18.2pp | 64.84%-48.2pp | 31.27%-14.7pp |
| Employer contribution / active EE | $1,516 | $1,991-23.9% | $4,675-67.6% | $2,728-44.4% |
| Participant deferral / active EE | $3,373 | $2,824+19.4% | $5,631-40.1% | $4,651-27.5% |
| Admin fee / account holder | $192 | $437-56.1% | $15,885-98.8% | $433-55.7% |