See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INS CO NEW YORK Service code 15 · EIN 13-3646501 | Recordkeeping | $0 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,132 | $47,922+31.7% | $75,886-16.8% | $65,185-3.1% |
| Participation rate | 43.5% | 63.0%-19.5pp | 69.3%-25.8pp | 70.2%-26.7pp |
| Annual return | 19.81% | 24.12%-4.3pp | 30.76%-10.9pp | 29.38%-9.6pp |
| Employer contribution / active EE | $577 | $1,557-62.9% | $2,500-76.9% | $2,177-73.5% |
| Participant deferral / active EE | $1,665 | $2,550-34.7% | $3,603-53.8% | $3,514-52.6% |
| Admin fee / account holder | $474 | $532-10.8% | $5,418-91.2% | $847-44.0% |