Filed October 30, 2018
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 with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $316 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $52,353 | $99,957-47.6% | $149,696-65.0% | $73,488-28.8% |
| Participation rate | 46.2% | 75.7%-29.5pp | 82.5%-36.2pp | 70.7%-24.4pp |
| Annual return | 11.50% | 53.87%-42.4pp | 276.60%-265.1pp | 28.51%-17.0pp |
| Employer contribution / active EE | $793 | $3,191-75.2% | $4,644-82.9% | $2,270-65.1% |
| Participant deferral / active EE | $1,948 | $6,073-67.9% | $6,842-71.5% | $3,740-47.9% |
| Admin fee / account holder | $30 | $551-94.6% | $9,309-99.7% | $513-94.2% |