Filed March 16, 2017
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 INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $61,147 | $136,307-55.1% | $177,821-65.6% | $73,488-16.8% |
| Participation rate | 87.4% | 86.1%+1.3pp | 87.7%-0.3pp | 70.7%+16.7pp |
| Annual return | 19.29% | 18.68%+0.6pp | 48.32%-29.0pp | 28.51%-9.2pp |
| Employer contribution / active EE | $1,300 | $3,712-65.0% | $5,918-78.0% | $2,270-42.7% |
| Participant deferral / active EE | $3,079 | $5,829-47.2% | $7,714-60.1% | $3,740-17.7% |
| Admin fee / account holder | $495 | $596-16.9% | $12,427-96.0% | $513-3.5% |