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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 | $2,501 |
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 | $104,593 | $33,067+216.3% | $76,518+36.7% | $56,289+85.8% |
| Participation rate | 78.6% | 55.4%+23.2pp | 68.0%+10.6pp | 69.9%+8.8pp |
| Annual return | 13.82% | 2.72%+11.1pp | -0.27%+14.1pp | -9.96%+23.8pp |
| Employer contribution / active EE | $3,363 | $1,200+180.2% | $2,647+27.0% | $2,111+59.3% |
| Participant deferral / active EE | $2,794 | $2,240+24.7% | $3,836-27.2% | $3,350-16.6% |
| Admin fee / account holder | $467 | $537-13.1% | $4,849-90.4% | $521-10.4% |