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 USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $408 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $12,376 | $78,275-84.2% | $109,143-88.7% | $86,799-85.7% |
| Participation rate | 60.1% | 73.8%-13.8pp | 75.9%-15.8pp | 72.3%-12.2pp |
| Annual return | 21.42% | 19.14%+2.3pp | 25.75%-4.3pp | 97.91%-76.5pp |
| Employer contribution / active EE | $1,180 | $3,105-62.0% | $3,722-68.3% | $2,405-50.9% |
| Participant deferral / active EE | $807 | $3,641-77.8% | $4,653-82.6% | $4,131-80.5% |
| Admin fee / account holder | $105 | $198-47.2% | $6,752-98.4% | $170-38.2% |