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 7-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 |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $16,680 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346 | Recordkeeping | $707 |
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.
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 | $50,973 | $88,122-42.2% | $141,162-63.9% | $67,579-24.6% |
| Participation rate | 52.6% | 76.5%-23.9pp | 82.5%-29.9pp | 71.3%-18.7pp |
| Annual return | 29.29% | 75.40%-46.1pp | 71.39%-42.1pp | 378.56%-349.3pp |
| Employer contribution / active EE | $113 | $3,224-96.5% | $4,735-97.6% | $2,148-94.7% |
| Participant deferral / active EE | $5,484 | $5,958-8.0% | $6,709-18.3% | $3,539+54.9% |
| Admin fee / account holder | $77 | $131-41.2% | $10,261-99.3% | $142-45.9% |