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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS COMPANY Service code 15 · EIN 01-0233346 | Recordkeeping | $4,510 |
Service code 26 | Advisory (Participants) | $1,557 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $22,697 | $54,573-58.4% | $90,970-75.1% | $73,493-69.1% |
| Participation rate | 100.0% | 61.2%+38.8pp | 69.0%+31.0pp | 70.7%+29.3pp |
| Annual return | 13.99% | 16.69%-2.7pp | 134.58%-120.6pp | 28.51%-14.5pp |
| Employer contribution / active EE | $1,607 | $991+62.1% | $2,122-24.3% | $2,270-29.2% |
| Participant deferral / active EE | $2,200 | $2,517-12.6% | $3,373-34.8% | $3,740-41.2% |
| Admin fee / account holder | $178 | $521-65.8% | $5,960-97.0% | $513-65.3% |