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 | $300 |
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 | $71,722 | $130,194-44.9% | $169,993-57.8% | $71,457+0.4% |
| Participation rate | 86.6% | 86.1%+0.5pp | 87.0%-0.4pp | 67.9%+18.7pp |
| Annual return | 24.75% | 20.37%+4.4pp | 53.37%-28.6pp | 28.85%-4.1pp |
| Employer contribution / active EE | $1,478 | $4,381-66.3% | $6,785-78.2% | $2,588-42.9% |
| Participant deferral / active EE | $3,672 | $6,923-47.0% | $10,408-64.7% | $4,289-14.4% |
| Admin fee / account holder | $616 | $966-36.2% | $12,815-95.2% | $1,587-61.2% |