Filed January 29, 2015
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $18,957 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $1,726 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,647 | $47,205+3.1% | $61,491-20.9% | $66,914-27.3% |
| Participation rate | 46.0% | 64.2%-18.2pp | 79.3%-33.3pp | 69.8%-23.8pp |
| Annual return | -14.30% | -17.16%+2.9pp | -12.98%-1.3pp | 1.58%-15.9pp |
| Employer contribution / active EE | $2,044 | $2,885-29.1% | $4,246-51.9% | $2,544-19.7% |
| Participant deferral / active EE | $2,463 | $3,114-20.9% | $5,188-52.5% | $4,237-41.9% |
| Admin fee / account holder | $328 | $471-30.3% | $4,312-92.4% | $593-44.7% |