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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $2,342 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $27,646 | $50,175-44.9% | $99,470-72.2% | $65,185-57.6% |
| Participation rate | 67.0% | 68.4%-1.5pp | 73.8%-6.9pp | 70.2%-3.2pp |
| Annual return | 15.95% | 25.36%-9.4pp | 30.72%-14.8pp | 29.38%-13.4pp |
| Employer contribution / active EE | $0 | $1,496-100.0% | $2,540-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $2,210 | $2,748-19.6% | $3,619-38.9% | $3,514-37.1% |
| Admin fee / account holder | $11 | $398-97.1% | $6,252-99.8% | $847-98.7% |