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 |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY11+ years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $4,596 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,989 | $56,767-80.6% | $101,794-89.2% | $85,563-87.2% |
| Participation rate | 62.7% | 57.6%+5.1pp | 69.2%-6.5pp | 66.0%-3.2pp |
| Annual return | 14.11% | 17.76%-3.6pp | 30.53%-16.4pp | 31.51%-17.4pp |
| Employer contribution / active EE | $89 | $1,112-92.0% | $2,289-96.1% | $2,654-96.6% |
| Participant deferral / active EE | $1,244 | $2,720-54.3% | $4,084-69.5% | $4,375-71.6% |
| Admin fee / account holder | $79 | $1,098-92.8% | $8,777-99.1% | $834-90.5% |