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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 14201 | Recordkeeping | $3,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,404 | $59,448-0.1% | $93,696-36.6% | $74,459-20.2% |
| Participation rate | 82.3% | 59.6%+22.7pp | 68.7%+13.6pp | 67.2%+15.1pp |
| Annual return | 18.04% | 82.11%-64.1pp | 133.74%-115.7pp | 1369.70%-1351.7pp |
| Employer contribution / active EE | $1,677 | $1,266+32.4% | $2,422-30.7% | $2,626-36.1% |
| Participant deferral / active EE | $3,411 | $3,052+11.8% | $4,417-22.8% | $4,350-21.6% |
| Admin fee / account holder | $326 | $3,027-89.2% | $8,287-96.1% | $1,945-83.2% |