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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANE COMPANY Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142016000 | Recordkeeping | $2,091 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $19,209 | $43,504-55.8% | $68,612-72.0% | $56,287-65.9% |
| Participation rate | 64.8% | 67.8%-3.0pp | 72.2%-7.4pp | 69.9%-5.1pp |
| Annual return | -9.57% | -3.15%-6.4pp | -4.63%-4.9pp | -9.96%+0.4pp |
| Employer contribution / active EE | $1,828 | $1,525+19.9% | $2,625-30.4% | $2,111-13.4% |
| Participant deferral / active EE | $3,461 | $2,509+38.0% | $3,311+4.5% | $3,350+3.3% |
| Admin fee / account holder | $25 | $515-95.2% | $5,131-99.5% | $521-95.2% |