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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $806 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $33,815 | $86,341-60.8% | $125,195-73.0% | $65,186-48.1% |
| Participation rate | 82.4% | 75.3%+7.1pp | 79.8%+2.6pp | 70.2%+12.2pp |
| Annual return | 22.26% | 27.44%-5.2pp | 43.79%-21.5pp | 29.39%-7.1pp |
| Employer contribution / active EE | $1,430 | $2,040-29.9% | $3,866-63.0% | $2,177-34.3% |
| Participant deferral / active EE | $3,640 | $3,538+2.9% | $4,937-26.3% | $3,514+3.6% |
| Admin fee / account holder | $23 | $609-96.3% | $9,704-99.8% | $847-97.3% |