Filed April 28, 2023
Total covered: 2 employees
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 Service code 15 · EIN 01-0233346 | Recordkeeping | $89,184 |
Service code 27 · EIN 26-4311657 | Advisory (Plan) | $14,652 |
Filed as: MORGAN STANLEY Service code 55 | Other Commissions | $0 |
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 | $126,592 | $119,446+6.0% | $150,045-15.6% | $85,563+48.0% |
| Participation rate | 76.1% | 75.4%+0.7pp | 82.3%-6.2pp | 66.0%+10.2pp |
| Annual return | 25.50% | 23.72%+1.8pp | 62.55%-37.0pp | 31.51%-6.0pp |
| Employer contribution / active EE | $8,069 | $4,078+97.8% | $4,693+71.9% | $2,654+204.1% |
| Participant deferral / active EE | $14,921 | $7,985+86.9% | $7,997+86.6% | $4,375+241.0% |
| Admin fee / account holder | $376 | $548-31.3% | $13,435-97.2% | $834-54.9% |