Filed September 11, 2024 (most recent of 2 filings on file)
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 9-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 RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $166,154 |
IRA GROUP3+ years Filed as: IRA GROUP, INC. Service code 20 · EIN 58-1989031 | Investment management fees paid direc... | $7,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $132,078 | $75,284+75.4% | $91,001+45.1% | $69,631+89.7% |
| Participation rate | 66.3% | 80.4%-14.1pp | 75.6%-9.3pp | 70.7%-4.4pp |
| Annual return | 16.69% | 48.40%-31.7pp | 4.60%+12.1pp | 27571.02%-27554.3pp |
| Employer contribution / active EE | $2,545 | $2,473+2.9% | $2,456+3.6% | $2,032+25.2% |
| Participant deferral / active EE | $4,660 | $3,700+26.0% | $3,547+31.4% | $3,224+44.6% |
| Admin fee / account holder | $148 | $111+34.2% | $5,417-97.3% | $110+34.4% |