Filed November 30, 2023
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 Service code 15 · EIN 01-0233346 | Recordkeeping | $18,151 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 15 · EIN 47-1411118 | Recordkeeping | $13,879 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,394 | $61,272-68.3% | $149,673-87.0% | $71,457-72.9% |
| Participation rate | 89.0% | 62.5%+26.5pp | 78.8%+10.3pp | 67.9%+21.1pp |
| Annual return | 15.03% | 35.85%-20.8pp | 134.42%-119.4pp | 28.85%-13.8pp |
| Employer contribution / active EE | $334 | $2,378-85.9% | $4,818-93.1% | $2,588-87.1% |
| Participant deferral / active EE | $1,814 | $2,917-37.8% | $5,680-68.1% | $4,289-57.7% |
| Admin fee / account holder | $122 | $1,261-90.4% | $13,210-99.1% | $1,587-92.3% |