Filed December 7, 2021 (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 |
|---|---|---|
Filed as: RESOURCES INVESTMENT ADVISORS Service code 26 · EIN 43-1451524 | Advisory (Participants) | $16,413 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $546 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $54,670 | $52,279+4.6% | $89,391-38.8% | $79,858-31.5% |
| Participation rate | 59.5% | 57.5%+2.0pp | 68.0%-8.5pp | 69.6%-10.1pp |
| Annual return | 22.80% | 22.16%+0.6pp | 245.62%-222.8pp | 31.71%-8.9pp |
| Employer contribution / active EE | $801 | $1,572-49.0% | $2,586-69.0% | $2,471-67.6% |
| Participant deferral / active EE | $7,949 | $2,740+190.1% | $3,890+104.4% | $3,740+112.5% |
| Admin fee / account holder | $388 | $3,356-88.5% | $4,881-92.1% | $5,306-92.7% |