Filed October 31, 2013
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 USA Service code 15 · EIN 01-0233346 | Recordkeeping | $556 |
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 | $46,355 | $55,453-16.4% | $170,442-72.8% | $62,292-25.6% |
| Participation rate | 24.4% | 66.4%-41.9pp | 83.6%-59.2pp | 69.5%-45.1pp |
| Annual return | 14.79% | 21.38%-6.6pp | 205.93%-191.1pp | 28.90%-14.1pp |
| Employer contribution / active EE | $1,530 | $2,164-29.3% | $5,433-71.8% | $2,042-25.1% |
| Participant deferral / active EE | $2,127 | $2,303-7.7% | $4,939-56.9% | $3,169-32.9% |
| Admin fee / account holder | $321 | $455-29.4% | $13,880-97.7% | $479-33.0% |