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 INSURANCE CO USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $833 |
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.
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 | $7,011 | $44,221-84.1% | $121,196-94.2% | $56,287-87.5% |
| Participation rate | 30.9% | 61.1%-30.1pp | 71.7%-40.8pp | 69.9%-38.9pp |
| Annual return | -4.63% | -3.58%-1.0pp | 16.93%-21.6pp | -9.96%+5.3pp |
| Employer contribution / active EE | $388 | $1,480-73.8% | $4,022-90.4% | $2,111-81.6% |
| Participant deferral / active EE | $490 | $2,521-80.6% | $3,344-85.4% | $3,350-85.4% |
| Admin fee / account holder | $0 | $480-100.0% | $5,019-100.0% | $521-100.0% |