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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 | $50,860+19.2% | $155,574-61.0% | $77,714-22.0% |
| Participation rate | 48.9% | 63.1%-14.2pp | 78.2%-29.3pp | 70.6%-21.6pp |
| Annual return | 16.59% | 34.86%-18.3pp | 64.87%-48.3pp | 31.26%-14.7pp |
| Employer contribution / active EE | $1,516 | $1,991-23.9% | $4,676-67.6% | $2,727-44.4% |
| Participant deferral / active EE | $3,373 | $2,825+19.4% | $5,629-40.1% | $4,649-27.4% |
| Admin fee / account holder | $192 | $436-56.1% | $15,914-98.8% | $433-55.8% |