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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 | $2,919 |
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 | $99,131 | $43,133+129.8% | $89,435+10.8% | $73,497+34.9% |
| Participation rate | 93.9% | 55.0%+39.0pp | 68.0%+26.0pp | 70.7%+23.3pp |
| Annual return | 8.09% | 135.66%-127.6pp | 245.55%-237.5pp | 28.51%-20.4pp |
| Employer contribution / active EE | $4,084 | $1,438+184.1% | $2,587+57.9% | $2,270+79.9% |
| Participant deferral / active EE | $4,346 | $2,445+77.8% | $3,890+11.7% | $3,740+16.2% |
| Admin fee / account holder | $382 | $444-13.8% | $4,884-92.2% | $513-25.5% |