See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 5-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE3+ years Service code 15 · EIN 13-4144565 | Recordkeeping | $950 |
Filed as: JOHN HANCOCK LIFE INS. CO. (U.S.A.) Service code 15 · EIN 01-0233346 | Recordkeeping | $341 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,662 | $86,655-81.9% | $119,609-86.9% | $66,914-76.6% |
| Participation rate | 56.7% | 75.6%-18.8pp | 79.3%-22.5pp | 69.8%-13.1pp |
| Annual return | -14.65% | -8.00%-6.6pp | -14.97%+0.3pp | 1.58%-16.2pp |
| Employer contribution / active EE | $1,205 | $2,536-52.5% | $4,232-71.5% | $2,544-52.6% |
| Participant deferral / active EE | $2,713 | $4,358-37.7% | $5,602-51.6% | $4,237-36.0% |
| Admin fee / account holder | $14 | $755-98.2% | $10,323-99.9% | $593-97.7% |