Filed December 16, 2019 (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 |
|---|---|---|
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 14 P.O. BOX 734602 · CHICAGO, IL 60673 | Plan Administrator | $1,250 |
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,002 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $159,734 | $132,049+21.0% | $200,582-20.4% | $74,304+115.0% |
| Participation rate | 95.2% | 84.1%+11.1pp | 86.9%+8.3pp | 60.3%+34.8pp |
| Annual return | 16.61% | 22.22%-5.6pp | 42.33%-25.7pp | 29.43%-12.8pp |
| Employer contribution / active EE | $4,262 | $4,558-6.5% | $6,419-33.6% | $2,241+90.2% |
| Participant deferral / active EE | $5,297 | $7,213-26.6% | $9,331-43.2% | $3,767+40.6% |
| Admin fee / account holder | $322 | $2,405-86.6% | $16,305-98.0% | $2,969-89.1% |