Filed March 4, 2016
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 LIFE INSURANCE Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $92 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $63,730 | $52,884+20.5% | $84,750-24.8% | $55,167+15.5% |
| Participation rate | 38.6% | 67.5%-28.9pp | 76.6%-38.0pp | 69.0%-30.4pp |
| Annual return | 10.35% | 18.03%-7.7pp | 22.78%-12.4pp | 169.23%-158.9pp |
| Employer contribution / active EE | $1,303 | $2,233-41.7% | $3,574-63.6% | $1,963-33.6% |
| Participant deferral / active EE | $2,230 | $2,644-15.7% | $3,712-39.9% | $3,054-27.0% |
| Admin fee / account holder | $125 | $581-78.5% | $5,332-97.7% | $504-75.2% |