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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 | $2,761 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $108,735 | $38,365+183.4% | $84,637+28.5% | $65,186+66.8% |
| Participation rate | 75.1% | 55.7%+19.4pp | 68.2%+6.9pp | 70.2%+4.9pp |
| Annual return | 4.51% | 32.00%-27.5pp | 258.82%-254.3pp | 29.39%-24.9pp |
| Employer contribution / active EE | $3,621 | $1,258+187.7% | $2,653+36.5% | $2,177+66.3% |
| Participant deferral / active EE | $3,210 | $2,278+40.9% | $3,900-17.7% | $3,514-8.6% |
| Admin fee / account holder | $448 | $451-0.8% | $4,914-90.9% | $847-47.2% |