Filed November 22, 2004
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 |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $62,079 |
Filed as: MORGAN STANLEY GLOBAL BANKING OPS Service code 27 · EIN 36-3145972 | Advisory (Plan) | $4,000 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $182,071 | $61,052+198.2% | $142,863+27.4% | $79,386+129.3% |
| Participation rate | 59.3% | 60.1%-0.9pp | 71.9%-12.7pp | 70.7%-11.4pp |
| Annual return | 9.63% | 16.02%-6.4pp | 5637.54%-5627.9pp | 116.85%-107.2pp |
| Employer contribution / active EE | $2,573 | $1,481+73.8% | $4,144-37.9% | $2,427+6.0% |
| Participant deferral / active EE | $5,421 | $2,879+88.3% | $3,837+41.3% | $4,046+34.0% |
| Admin fee / account holder | $337 | $659-49.0% | $6,560-94.9% | $626-46.3% |