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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 | $578 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,204 | $44,714-36.9% | $91,225-69.1% | $66,930-57.9% |
| Participation rate | 67.7% | 65.0%+2.7pp | 73.2%-5.5pp | 69.8%-2.2pp |
| Annual return | -13.25% | -12.25%-1.0pp | 114.10%-127.3pp | 1.57%-14.8pp |
| Employer contribution / active EE | $0 | $1,710-100.0% | $2,851-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $2,665 | $3,355-20.6% | $4,234-37.1% | $4,238-37.1% |
| Admin fee / account holder | $2 | $521-99.6% | $5,422-100.0% | $593-99.7% |