Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 INS. CO. (USA) Service code 15 · EIN 01-0233346 P. O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $60,807 |
CORPORATE PLANS & SERVICES, INC.6+ years Service code 37 · EIN 56-0990374 136-B GATEWAY BOULEVARD · MOORESVILLE, NC 28117 | Loan Processing | $2,454 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $78,643 | $54,590+44.1% | $81,930-4.0% | $73,488+7.0% |
| Participation rate | 76.6% | 68.3%+8.3pp | 72.0%+4.7pp | 70.7%+6.0pp |
| Annual return | 12.00% | 17.74%-5.7pp | 29.49%-17.5pp | 28.51%-16.5pp |
| Employer contribution / active EE | $585 | $1,636-64.3% | $4,310-86.4% | $2,270-74.2% |
| Participant deferral / active EE | $2,277 | $2,759-17.5% | $7,107-68.0% | $3,740-39.1% |
| Admin fee / account holder | $393 | $592-33.6% | $5,158-92.4% | $513-23.4% |