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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 | $780 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $32,327 | $55,122-41.4% | $104,625-69.1% | $73,493-56.0% |
| Participation rate | 62.0% | 67.7%-5.7pp | 74.1%-12.1pp | 70.7%-8.7pp |
| Annual return | 12.54% | 24.77%-12.2pp | 340.60%-328.1pp | 28.51%-16.0pp |
| Employer contribution / active EE | $0 | $1,464-100.0% | $2,681-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $2,388 | $2,919-18.2% | $3,738-36.1% | $3,740-36.1% |
| Admin fee / account holder | $4 | $423-99.1% | $6,465-99.9% | $513-99.3% |