Filed January 13, 2021
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 9-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 |
|---|---|---|
Service code 15 · EIN 94-2456320 PO BOX 1282 · CHICO, CA 95927 | Recordkeeping | $7,944 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $2,621 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $16,771 | $52,670-68.2% | $90,404-81.4% | $73,409-77.2% |
| Participation rate | 32.9% | 67.7%-34.7pp | 72.7%-39.8pp | 72.2%-39.3pp |
| Annual return | 21.90% | 20.70%+1.2pp | 1293.02%-1271.1pp | 59.29%-37.4pp |
| Employer contribution / active EE | $792 | $1,872-57.7% | $3,262-75.7% | $2,234-64.6% |
| Participant deferral / active EE | $1,344 | $2,807-52.1% | $3,963-66.1% | $3,805-64.7% |
| Admin fee / account holder | $52 | $117-55.4% | $5,611-99.1% | $158-67.0% |