Filed February 27, 2024 (most recent of 2 filings on file)
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 |
|---|---|---|
PLANTE & MORAN, PLLC2 years Filed as: PLANTE MORAN FINANCIAL ADVISOR Service code 26 · EIN 38-1357951 27400 NORTHWESTERN HIGHWAY · SOUTHFIELD, MI 48034 | Advisory (Participants) | $63,000 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,452 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,360 | $34,242-17.2% | $76,523-62.9% | $75,289-62.3% |
| Participation rate | 48.7% | 43.9%+4.8pp | 68.0%-19.3pp | 72.4%-23.7pp |
| Annual return | -5.81% | -0.98%-4.8pp | -0.27%-5.5pp | -0.04%-5.8pp |
| Employer contribution / active EE | $562 | $975-42.4% | $2,647-78.8% | $2,405-76.7% |
| Participant deferral / active EE | $1,091 | $1,872-41.7% | $3,835-71.5% | $3,739-70.8% |
| Admin fee / account holder | -$14 | $112-112.5% | $4,848-100.3% | $102-113.6% |