Filed October 23, 2020 (most recent of 12 filings on file)
Total covered: 5 employees
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 |
|---|---|---|
MERCER2+ years Service code 27 501 MERRITT 7 · NORWALK, CA 068566010 | Advisory (Plan) | $114,679 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS. Service code 15 · EIN 01-0233346 | Recordkeeping | $92,602 |
PLANTE & MORAN, PLLC2+ years Filed as: PLANTE & MORAN PLLC Service code 10 · EIN 38-1357951 | Accounting | $27,800 |
JONES DAY2+ years Service code 29 · EIN 34-0319085 | Legal | $7,838 |
Filed as: NYLIFE SECURITIES Service code 71 · EIN 13-2649692 | Brokerage Fees | $7,294 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,775 | $82,279+32.2% | $77,999+39.5% | $63,975+70.0% |
| Participation rate | 100.0% | 84.7%+15.3pp | 75.5%+24.5pp | 71.1%+28.9pp |
| Annual return | 6.39% | 11.20%-4.8pp | 425.96%-419.6pp | 48.65%-42.3pp |
| Employer contribution / active EE | $4,892 | $3,297+48.4% | $2,470+98.0% | $2,182+124.2% |
| Participant deferral / active EE | $5,912 | $4,538+30.3% | $3,497+69.1% | $3,356+76.1% |
| Admin fee / account holder | $61 | $81-25.6% | $5,480-98.9% | $70-14.0% |