Filed April 23, 2021
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: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118 | Advisory (Plan) | $40,962 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346 | Recordkeeping | $12,646 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $139,725 | $76,050+83.7% | $96,544+44.7% | $71,457+95.5% |
| Participation rate | 69.6% | 74.4%-4.8pp | 76.0%-6.4pp | 67.9%+1.6pp |
| Annual return | 17.51% | 22.81%-5.3pp | 25.84%-8.3pp | 28.85%-11.3pp |
| Employer contribution / active EE | $2,387 | $2,244+6.4% | $2,965-19.5% | $2,588-7.7% |
| Participant deferral / active EE | $7,394 | $4,215+75.4% | $4,851+52.4% | $4,289+72.4% |
| Admin fee / account holder | $233 | $2,707-91.4% | $8,252-97.2% | $1,587-85.3% |