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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 P O BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,714 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $77,079 | $36,767+109.6% | $81,473-5.4% | $62,293+23.7% |
| Participation rate | 93.8% | 54.4%+39.4pp | 68.0%+25.9pp | 69.5%+24.3pp |
| Annual return | 16.77% | 173.80%-157.0pp | 38.78%-22.0pp | 28.90%-12.1pp |
| Employer contribution / active EE | $3,312 | $1,128+193.5% | $2,568+29.0% | $2,042+62.2% |
| Participant deferral / active EE | $2,668 | $2,111+26.4% | $3,537-24.6% | $3,169-15.8% |
| Admin fee / account holder | $330 | $797-58.6% | $4,561-92.8% | $479-31.2% |