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 RETIREMENT PLAN SVCS. Service code 15 · EIN 01-0233346 | Recordkeeping | $230,588 |
SORTINO ADVISORY PARTNERS, LLC2+ years Service code 27 401 S 4TH ST. · LOUISVILLE, KY 40202 | Advisory (Plan) | $56,006 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $14,405 | $43,110-66.6% | $156,549-90.8% | $65,292-77.9% |
| Participation rate | 34.1% | 69.3%-35.3pp | 84.0%-50.0pp | 72.4%-38.4pp |
| Annual return | 7.33% | 11.24%-3.9pp | 32.23%-24.9pp | 11.84%-4.5pp |
| Employer contribution / active EE | $255 | $1,702-85.0% | $5,501-95.4% | $2,302-88.9% |
| Participant deferral / active EE | $599 | $2,520-76.2% | $4,871-87.7% | $3,579-83.3% |
| Admin fee / account holder | $145 | $47+206.8% | $13,027-98.9% | $57+152.6% |