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 | $54,440 | $43,723+24.5% | $121,196-55.1% | $64,186-15.2% |
| Participation rate | 65.1% | 58.3%+6.7pp | 71.7%-6.7pp | 69.6%-4.5pp |
| Annual return | -4.68% | 68.91%-73.6pp | 16.93%-21.6pp | 7.63%-12.3pp |
| Employer contribution / active EE | $2,129 | $1,296+64.3% | $4,022-47.1% | $2,381-10.6% |
| Participant deferral / active EE | $2,848 | $2,280+24.9% | $3,344-14.9% | $3,470-17.9% |
| Admin fee / account holder | $9 | $3,501-99.8% | $5,019-99.8% | $4,888-99.8% |