Filed May 15, 2023
Total covered: 14 employees
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 Service code 15 · EIN 01-0233346 | Recordkeeping | $2,993 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $31,856 | $53,901-40.9% | $134,143-76.3% | $73,488-56.7% |
| Participation rate | 82.2% | 62.8%+19.4pp | 72.2%+10.0pp | 70.7%+11.5pp |
| Annual return | 7.51% | 15.82%-8.3pp | 36.33%-28.8pp | 28.51%-21.0pp |
| Employer contribution / active EE | $1,421 | $1,458-2.6% | $3,704-61.6% | $2,270-37.4% |
| Participant deferral / active EE | $3,831 | $2,739+39.9% | $3,499+9.5% | $3,740+2.5% |
| Admin fee / account holder | $206 | $581-64.5% | $6,684-96.9% | $513-59.8% |