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 | $51,099 |
CORPORATE PLANS & SERVICES, INC.8+ years Service code 37 · EIN 56-0990374 136-B GATEWAY BOULEVARD · MOORESVILLE, NC 28117 | Loan Processing | $3,450 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,450 | $50,199+50.3% | $70,092+7.6% | $66,914+12.8% |
| Participation rate | 69.5% | 66.3%+3.2pp | 70.5%-0.9pp | 69.8%-0.3pp |
| Annual return | -13.20% | -13.85%+0.6pp | 190.73%-203.9pp | 1.58%-14.8pp |
| Employer contribution / active EE | $606 | $1,864-67.5% | $2,559-76.3% | $2,544-76.2% |
| Participant deferral / active EE | $2,292 | $3,112-26.4% | $3,849-40.4% | $4,237-45.9% |
| Admin fee / account holder | $430 | $600-28.4% | $6,267-93.1% | $593-27.6% |