Filed May 9, 2016
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 |
|---|---|---|
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 01-0233346 | Recordkeeping | $34,477 |
COASTAL PENSION SERVICES1 year Filed as: COASTAL PENSION SERVICES, INC. Service code 13 7230 LEE DEFOREST DRIVE · COLUMBIA, MD 21046 | Contract Administrator | $1,840 |
Service code 26 · EIN 42-1445429 | Advisory (Participants) | $0 |
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 | $116,198 | $80,724+43.9% | $103,333+12.4% | $74,495+56.0% |
| Participation rate | 91.2% | 65.7%+25.6pp | 74.5%+16.7pp | 67.2%+24.0pp |
| Annual return | 13.68% | 27.56%-13.9pp | 24.88%-11.2pp | 1364.94%-1351.3pp |
| Employer contribution / active EE | $2,434 | $3,157-22.9% | $3,868-37.1% | $2,623-7.2% |
| Participant deferral / active EE | $4,968 | $3,860+28.7% | $5,057-1.8% | $4,346+14.3% |
| Admin fee / account holder | $471 | $2,368-80.1% | $8,355-94.4% | $1,942-75.8% |