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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.
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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 | $884 |
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 | $79,173 | $63,442+24.8% | $68,791+15.1% | $66,914+18.3% |
| Participation rate | 43.7% | 60.0%-16.3pp | 69.0%-25.3pp | 69.8%-26.1pp |
| Annual return | -16.51% | -8.29%-8.2pp | -6.38%-10.1pp | 1.58%-18.1pp |
| Employer contribution / active EE | $812 | $1,775-54.2% | $2,655-69.4% | $2,544-68.1% |
| Participant deferral / active EE | $2,201 | $2,945-25.2% | $3,941-44.1% | $4,237-48.0% |
| Admin fee / account holder | $649 | $577+12.5% | $4,932-86.8% | $593+9.5% |