Filed April 12, 2007
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 |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 P.O BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $14,321 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $39,051 | $64,909-39.8% | $82,313-52.6% | $62,292-37.3% |
| Participation rate | 64.8% | 74.9%-10.1pp | 76.9%-12.1pp | 69.5%-4.8pp |
| Annual return | 15.53% | 21.18%-5.7pp | 25.88%-10.3pp | 28.90%-13.4pp |
| Employer contribution / active EE | $696 | $1,676-58.5% | $2,428-71.3% | $2,042-65.9% |
| Participant deferral / active EE | $1,760 | $3,103-43.3% | $3,706-52.5% | $3,169-44.5% |
| Admin fee / account holder | $169 | $440-61.6% | $5,608-97.0% | $479-64.7% |