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 | $242 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $52,547 | $102,553-48.8% | $151,611-65.3% | $66,914-21.5% |
| Participation rate | 94.3% | 85.5%+8.8pp | 87.5%+6.8pp | 69.8%+24.5pp |
| Annual return | -19.80% | -10.82%-9.0pp | 3.33%-23.1pp | 1.58%-21.4pp |
| Employer contribution / active EE | $1,422 | $4,180-66.0% | $6,166-76.9% | $2,544-44.1% |
| Participant deferral / active EE | $3,477 | $6,641-47.6% | $8,363-58.4% | $4,237-17.9% |
| Admin fee / account holder | $556 | $630-11.7% | $11,616-95.2% | $593-6.3% |