See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,934 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $83,158 | $54,573+52.4% | $90,951-8.6% | $73,488+13.2% |
| Participation rate | 56.5% | 61.2%-4.7pp | 69.0%-12.6pp | 70.7%-14.2pp |
| Annual return | 14.10% | 16.69%-2.6pp | 134.60%-120.5pp | 28.51%-14.4pp |
| Employer contribution / active EE | $815 | $991-17.8% | $2,122-61.6% | $2,270-64.1% |
| Participant deferral / active EE | $2,774 | $2,517+10.2% | $3,373-17.7% | $3,740-25.8% |
| Admin fee / account holder | $50 | $521-90.3% | $5,959-99.2% | $513-90.2% |