Filed October 1, 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: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $72,097 | $46,869+53.8% | $122,332-41.1% | $70,131+2.8% |
| Participation rate | 50.6% | 58.2%-7.6pp | 71.6%-21.1pp | 69.5%-19.0pp |
| Annual return | 15.03% | 24.22%-9.2pp | 30.27%-15.2pp | 73.14%-58.1pp |
| Employer contribution / active EE | $1,530 | $1,288+18.8% | $4,050-62.2% | $2,342-34.7% |
| Participant deferral / active EE | $2,105 | $2,166-2.8% | $3,287-35.9% | $3,332-36.8% |
| Admin fee / account holder | $3 | $3,322-99.9% | $5,478-99.9% | $4,645-99.9% |