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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,060 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $63,874 | $54,320+17.6% | $67,652-5.6% | $52,331+22.1% |
| Participation rate | 82.3% | 73.6%+8.7pp | 75.7%+6.6pp | 68.1%+14.2pp |
| Annual return | -0.85% | 6.81%-7.7pp | 6625.40%-6626.3pp | 4.54%-5.4pp |
| Employer contribution / active EE | $572 | $1,544-62.9% | $2,266-74.7% | $1,882-69.6% |
| Participant deferral / active EE | $1,684 | $2,950-42.9% | $3,560-52.7% | $3,022-44.3% |
| Admin fee / account holder | $369 | $527-29.8% | $4,821-92.3% | $592-37.6% |