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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS CO Service code 15 · EIN 01-0233346 | Recordkeeping | $2,451 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,634 | $102,429-67.2% | $147,096-77.1% | $80,925-58.4% |
| Participation rate | 83.0% | 75.9%+7.1pp | 82.2%+0.8pp | 67.7%+15.3pp |
| Annual return | 31.89% | 135.02%-103.1pp | 419.75%-387.9pp | 35.65%-3.8pp |
| Employer contribution / active EE | $3,219 | $3,716-13.4% | $4,936-34.8% | $2,756+16.8% |
| Participant deferral / active EE | $4,888 | $6,649-26.5% | $8,071-39.4% | $4,299+13.7% |
| Admin fee / account holder | $348 | $7,957-95.6% | $13,005-97.3% | $6,940-95.0% |