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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 | $614 |
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 | $41,222 | $81,494-49.4% | $133,978-69.2% | $73,497-43.9% |
| Participation rate | 77.0% | 76.4%+0.6pp | 79.8%-2.8pp | 70.7%+6.3pp |
| Annual return | 17.31% | 19.40%-2.1pp | 45.10%-27.8pp | 28.51%-11.2pp |
| Employer contribution / active EE | $1,319 | $2,210-40.3% | $3,919-66.4% | $2,270-41.9% |
| Participant deferral / active EE | $3,485 | $3,787-8.0% | $5,047-31.0% | $3,740-6.8% |
| Admin fee / account holder | $26 | $713-96.3% | $8,930-99.7% | $513-94.9% |