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: MERRILL LYNCH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $14,478 |
Filed as: JOHN HANCOCK LIFE INSURANCE U.S.A. Service code 15 · EIN 01-0233346 | Recordkeeping | $471 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $6,644 | $23,119-71.3% | $71,086-90.7% | $75,289-91.2% |
| Participation rate | 54.9% | 36.3%+18.6pp | 54.7%+0.3pp | 72.4%-17.5pp |
| Annual return | -7.19% | -3.32%-3.9pp | 650.59%-657.8pp | -0.04%-7.2pp |
| Employer contribution / active EE | $232 | $399-41.9% | $1,088-78.7% | $2,405-90.4% |
| Participant deferral / active EE | $1,247 | $960+29.8% | $1,874-33.5% | $3,739-66.7% |
| Admin fee / account holder | $95 | $89+6.1% | $3,082-96.9% | $102-7.2% |