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 | $43,628 |
CORPORATE PLANS & SERVICES, INC.9+ years Service code 37 · EIN 56-0990374 136-B GATEWAY BOULEVARD · MOORESVILLE, NC 28117 | Loan Processing | $4,500 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,411 | $56,423+35.4% | $77,163-1.0% | $71,457+6.9% |
| Participation rate | 68.1% | 64.3%+3.8pp | 69.6%-1.5pp | 67.9%+0.2pp |
| Annual return | 11.29% | 19.05%-7.8pp | 37.87%-26.6pp | 28.85%-17.6pp |
| Employer contribution / active EE | $550 | $1,866-70.5% | $2,535-78.3% | $2,588-78.7% |
| Participant deferral / active EE | $2,113 | $3,142-32.8% | $3,833-44.9% | $4,289-50.7% |
| Admin fee / account holder | $391 | $1,429-72.6% | $5,472-92.8% | $1,587-75.3% |