Filed September 10, 2002
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 |
|---|---|---|
QBI, LLC5 years Service code 13 · EIN 26-2768667 | Contract Administrator | $12,892 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,402 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $60,253 | $85,135-29.2% | $98,907-39.1% | $73,409-17.9% |
| Participation rate | 52.8% | 81.1%-28.4pp | 76.0%-23.3pp | 72.2%-19.4pp |
| Annual return | 15.53% | 19.14%-3.6pp | 196.43%-180.9pp | 59.29%-43.8pp |
| Employer contribution / active EE | $279 | $2,721-89.8% | $2,689-89.6% | $2,234-87.5% |
| Participant deferral / active EE | $2,055 | $4,349-52.8% | $4,244-51.6% | $3,805-46.0% |
| Admin fee / account holder | $324 | $139+133.0% | $6,642-95.1% | $158+105.5% |