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) | $23,358 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $19,272 |
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 | $66,283 | $88,083-24.7% | $164,813-59.8% | $74,495-11.0% |
| Participation rate | 100.0% | 73.0%+27.0pp | 78.6%+21.4pp | 67.2%+32.8pp |
| Annual return | 19.03% | 17.26%+1.8pp | 69.93%-50.9pp | 1364.94%-1345.9pp |
| Employer contribution / active EE | $3,976 | $2,593+53.3% | $4,341-8.4% | $2,623+51.6% |
| Participant deferral / active EE | $5,059 | $4,498+12.5% | $6,031-16.1% | $4,346+16.4% |
| Admin fee / account holder | $279 | $2,234-87.5% | $12,690-97.8% | $1,942-85.7% |