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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $2,628 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $87,025 | $46,745+86.2% | $60,547+43.7% | $52,331+66.3% |
| Participation rate | 76.8% | 58.6%+18.2pp | 68.0%+8.8pp | 68.1%+8.7pp |
| Annual return | -1.03% | 0.61%-1.6pp | 335.64%-336.7pp | 4.54%-5.6pp |
| Employer contribution / active EE | $2,869 | $1,259+127.9% | $2,419+18.6% | $1,882+52.5% |
| Participant deferral / active EE | $6,878 | $2,145+220.7% | $3,328+106.7% | $3,022+127.6% |
| Admin fee / account holder | $411 | $537-23.5% | $4,536-90.9% | $592-30.6% |