Filed December 27, 2011 (most recent of 2 filings on file)
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: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N COLLEGE STREET · CHARLOTTE, NC 28255 | Advisory (Participants) | $32,067 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 320 PARK AVE · BUFFALO, NY 142010600 | Recordkeeping | $202 |
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 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 | $70,783 | $56,485+25.3% | $185,823-61.9% | $86,799-18.5% |
| Participation rate | 22.6% | 65.5%-42.9pp | 81.7%-59.1pp | 72.3%-49.7pp |
| Annual return | 16.17% | 118.04%-101.9pp | 122.05%-105.9pp | 97.91%-81.7pp |
| Employer contribution / active EE | $538 | $1,843-70.8% | $5,167-89.6% | $2,405-77.6% |
| Participant deferral / active EE | $1,061 | $2,553-58.4% | $5,568-80.9% | $4,131-74.3% |
| Admin fee / account holder | $348 | $150+132.5% | $16,237-97.9% | $170+105.1% |