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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $798 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,148 | $58,895-50.5% | $178,503-83.7% | $73,497-60.3% |
| Participation rate | 47.1% | 66.2%-19.2pp | 81.9%-34.9pp | 70.7%-23.6pp |
| Annual return | 111.52% | 24.86%+86.7pp | 151.12%-39.6pp | 28.51%+83.0pp |
| Employer contribution / active EE | $1,432 | $2,236-36.0% | $5,011-71.4% | $2,270-36.9% |
| Participant deferral / active EE | $2,319 | $2,567-9.6% | $5,202-55.4% | $3,740-38.0% |
| Admin fee / account holder | $232 | $400-42.0% | $13,987-98.3% | $513-54.7% |