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 LIFE INS CO OF NY Service code 15 · EIN 13-3646501 | Recordkeeping | $682 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $39,686 | $59,535-33.3% | $90,160-56.0% | $62,292-36.3% |
| Participation rate | 52.5% | 73.0%-20.6pp | 76.9%-24.4pp | 69.5%-17.1pp |
| Annual return | 14.75% | 23.53%-8.8pp | 34.88%-20.1pp | 28.90%-14.2pp |
| Employer contribution / active EE | $288 | $1,826-84.2% | $3,318-91.3% | $2,042-85.9% |
| Participant deferral / active EE | $2,510 | $4,639-45.9% | $5,288-52.5% | $3,169-20.8% |
| Admin fee / account holder | $41 | $337-87.8% | $5,943-99.3% | $479-91.4% |