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 | $98,127 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $129,482 | $81,908+58.1% | $90,749+42.7% | $64,808+99.8% |
| Participation rate | 65.1% | 80.5%-15.4pp | 75.7%-10.6pp | 71.5%-6.4pp |
| Annual return | -14.89% | -12.53%-2.4pp | -12.16%-2.7pp | 32.82%-47.7pp |
| Employer contribution / active EE | $3,522 | $3,065+14.9% | $2,921+20.6% | $2,506+40.5% |
| Participant deferral / active EE | $6,063 | $4,840+25.3% | $4,564+32.8% | $4,310+40.7% |
| Admin fee / account holder | $136 | $157-13.6% | $8,445-98.4% | $188-27.7% |