Filed March 29, 2006
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 U.S.A. Service code 15 · EIN 01-0233346 | Recordkeeping | $672 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,298 | $25,165-67.0% | $73,545-88.7% | $77,958-89.4% |
| Participation rate | 53.1% | 36.6%+16.5pp | 54.9%-1.8pp | 71.6%-18.5pp |
| Annual return | 20.28% | 18.12%+2.2pp | -15.16%+35.4pp | 20.87%-0.6pp |
| Employer contribution / active EE | $205 | $395-48.2% | $1,219-83.2% | $2,310-91.1% |
| Participant deferral / active EE | $1,061 | $898+18.2% | $1,806-41.2% | $3,537-70.0% |
| Admin fee / account holder | $62 | $76-18.7% | $2,320-97.3% | $97-36.8% |