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 3-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 | $2,987 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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).
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 | $6,120 | $79,700-92.3% | $153,485-96.0% | $74,495-91.8% |
| Participation rate | 50.3% | 69.8%-19.6pp | 77.1%-26.8pp | 67.2%-16.9pp |
| Annual return | 16.27% | 15.07%+1.2pp | 15.65%+0.6pp | 1364.94%-1348.7pp |
| Employer contribution / active EE | $0 | $4,016-100.0% | $5,039-100.0% | $2,623-100.0% |
| Participant deferral / active EE | $1,657 | $5,315-68.8% | $6,757-75.5% | $4,346-61.9% |
| Admin fee / account holder | $50 | $1,790-97.2% | $12,724-99.6% | $1,942-97.4% |