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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $868 |
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 | $75,419 | $60,165+25.4% | $74,184+1.7% | $55,167+36.7% |
| Participation rate | 77.9% | 74.2%+3.7pp | 76.6%+1.3pp | 69.0%+8.9pp |
| Annual return | 6.80% | 10.00%-3.2pp | 17.74%-10.9pp | 169.23%-162.4pp |
| Employer contribution / active EE | $596 | $1,600-62.7% | $2,370-74.8% | $1,963-69.6% |
| Participant deferral / active EE | $1,586 | $2,973-46.6% | $3,550-55.3% | $3,054-48.1% |
| Admin fee / account holder | $331 | $419-21.1% | $5,586-94.1% | $504-34.4% |