Filed January 7, 2009
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 C. Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $2,203 |
Service code 15 | Recordkeeping | $0 |
LTSP, INC.2 years Service code 10 · EIN 95-3864890 4685 MACARTHUR COURT, SUITE 300 · NEWPORT BEACH, CA 92660 | Accounting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $21,703 | $43,717-50.4% | $81,478-73.4% | $77,958-72.2% |
| Participation rate | 24.9% | 42.5%-17.6pp | 68.0%-43.0pp | 71.6%-46.7pp |
| Annual return | 20.87% | 23.83%-3.0pp | 38.78%-17.9pp | 20.87%0pp |
| Employer contribution / active EE | $226 | $919-75.4% | $2,568-91.2% | $2,310-90.2% |
| Participant deferral / active EE | $1,284 | $1,783-28.0% | $3,537-63.7% | $3,537-63.7% |
| Admin fee / account holder | $23 | $108-78.9% | $4,561-99.5% | $97-76.6% |