Filed September 21, 2023
Total covered: 7 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: NORTHWESTERN MUTUAL WEALTH MGT. Service code 27 · EIN 39-2018056 | Advisory (Plan) | $18,980 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $14,313 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,125 | $82,978-22.7% | $129,995-50.7% | $71,457-10.3% |
| Participation rate | 99.1% | 74.1%+25.0pp | 78.5%+20.6pp | 67.9%+31.2pp |
| Annual return | 9.55% | 20.60%-11.0pp | -137.18%+146.7pp | 28.85%-19.3pp |
| Employer contribution / active EE | $3,584 | $2,622+36.7% | $4,320-17.0% | $2,588+38.5% |
| Participant deferral / active EE | $4,487 | $4,432+1.3% | $5,820-22.9% | $4,289+4.6% |
| Admin fee / account holder | $231 | $1,729-86.6% | $10,614-97.8% | $1,587-85.4% |