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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $356 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $31,386 | $46,360-32.3% | $147,617-78.7% | $52,331-40.0% |
| Participation rate | 62.6% | 64.9%-2.4pp | 84.6%-22.0pp | 68.1%-5.5pp |
| Annual return | 1.40% | 1.62%-0.2pp | 61.98%-60.6pp | 4.54%-3.1pp |
| Employer contribution / active EE | $1,623 | $2,126-23.6% | $5,564-70.8% | $1,882-13.7% |
| Participant deferral / active EE | $3,616 | $2,258+60.2% | $4,895-26.1% | $3,022+19.6% |
| Admin fee / account holder | $102 | $766-86.7% | $11,612-99.1% | $592-82.8% |