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 | $284 |
Participant 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 | $70,020 | $121,341-42.3% | $189,513-63.1% | $79,386-11.8% |
| Participation rate | 86.8% | 86.1%+0.7pp | 87.8%-1.0pp | 70.7%+16.1pp |
| Annual return | 15.06% | 21.08%-6.0pp | 555.15%-540.1pp | 116.85%-101.8pp |
| Employer contribution / active EE | $1,588 | $3,915-59.4% | $6,162-74.2% | $2,427-34.6% |
| Participant deferral / active EE | $3,602 | $6,395-43.7% | $8,221-56.2% | $4,046-11.0% |
| Admin fee / account holder | $676 | $651+3.8% | $12,045-94.4% | $626+7.9% |