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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346 | Recordkeeping | $1,200 |
Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 15 · EIN 52-2206685 | Recordkeeping | $900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $57,791 | $38,312+50.8% | $100,671-42.6% | $59,188-2.4% |
| Participation rate | 16.9% | 57.4%-40.5pp | 70.7%-53.8pp | 69.4%-52.5pp |
| Annual return | 0.81% | 2.64%-1.8pp | 20.43%-19.6pp | 5.51%-4.7pp |
| Employer contribution / active EE | $632 | $1,183-46.5% | $4,012-84.2% | $2,098-69.9% |
| Participant deferral / active EE | $861 | $1,847-53.4% | $3,144-72.6% | $3,265-73.6% |
| Admin fee / account holder | $5 | $68-92.0% | $4,850-99.9% | $92-94.1% |