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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS CO Service code 15 · EIN 01-0233346 | Recordkeeping | $2,027 |
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 | $115,302 | $46,297+149.0% | $71,671+60.9% | $62,293+85.1% |
| Participation rate | 72.3% | 60.6%+11.6pp | 68.7%+3.5pp | 69.5%+2.8pp |
| Annual return | 15.52% | 22.32%-6.8pp | 20.65%-5.1pp | 28.90%-13.4pp |
| Employer contribution / active EE | $2,100 | $1,412+48.8% | $2,460-14.6% | $2,042+2.8% |
| Participant deferral / active EE | $4,728 | $2,235+111.5% | $3,438+37.5% | $3,169+49.2% |
| Admin fee / account holder | $423 | $461-8.2% | $5,558-92.4% | $479-11.8% |