Filed January 4, 2021 (most recent of 2 filings on file)
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 USA Service code 15 · EIN 01-0233346 | Recordkeeping | $6,720 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $49,707 | $50,815-2.2% | $155,509-68.0% | $77,643-36.0% |
| Participation rate | 60.5% | 63.1%-2.6pp | 78.2%-17.7pp | 70.6%-10.1pp |
| Annual return | 10.24% | 34.80%-24.6pp | 64.67%-54.4pp | 31.24%-21.0pp |
| Employer contribution / active EE | $1,193 | $1,993-40.1% | $4,672-74.5% | $2,726-56.2% |
| Participant deferral / active EE | $2,503 | $2,822-11.3% | $5,626-55.5% | $4,647-46.1% |
| Admin fee / account holder | $240 | $437-45.0% | $15,912-98.5% | $430-44.2% |