Filed February 29, 2016
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 RETIREMENT PLAN SERVIC Service code 13 · EIN 01-0233346 | Contract Administrator | $44,926 |
EDWARD JONES7+ years Service code 27 · EIN 43-0345811 | Advisory (Plan) | $34,389 |
Service code 13 21 SE THIRD STREET, SUITE 500 · EVANSVILLE, IN 47708 | Contract Administrator | $12,853 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $2,751 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,340 | $50,956+0.8% | $96,562-46.8% | $86,799-40.9% |
| Participation rate | 48.9% | 65.2%-16.3pp | 69.8%-20.9pp | 72.3%-23.4pp |
| Annual return | 13.81% | 21.27%-7.5pp | 37.78%-24.0pp | 97.91%-84.1pp |
| Employer contribution / active EE | $1,089 | $1,111-1.9% | $2,356-53.8% | $2,405-54.7% |
| Participant deferral / active EE | $1,864 | $2,954-36.9% | $3,849-51.6% | $4,131-54.9% |
| Admin fee / account holder | $302 | $166+82.1% | $6,181-95.1% | $170+78.3% |