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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $876 |
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 | $18,278 | $46,325-60.5% | $143,788-87.3% | $64,814-71.8% |
| Participation rate | 62.4% | 64.2%-1.8pp | 80.3%-17.9pp | 71.5%-9.0pp |
| Annual return | -14.22% | -10.05%-4.2pp | -0.03%-14.2pp | 32.84%-47.1pp |
| Employer contribution / active EE | $991 | $1,911-48.2% | $4,952-80.0% | $2,507-60.5% |
| Participant deferral / active EE | $2,728 | $2,647+3.1% | $5,638-51.6% | $4,310-36.7% |
| Admin fee / account holder | $9 | $154-94.4% | $14,675-99.9% | $188-95.4% |