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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,230 | $60,393+105.7% | $81,820+51.8% | $74,429+66.9% |
| Participation rate | 88.1% | 62.9%+25.2pp | 72.4%+15.8pp | 67.2%+20.9pp |
| Annual return | 13.16% | 16.89%-3.7pp | 777.93%-764.8pp | 1368.38%-1355.2pp |
| Employer contribution / active EE | $1,238 | $2,626-52.9% | $2,915-57.5% | $2,625-52.9% |
| Participant deferral / active EE | $4,496 | $3,397+32.3% | $4,323+4.0% | $4,348+3.4% |
| Admin fee / account holder | $357 | $1,491-76.0% | $7,391-95.2% | $1,944-81.6% |