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 INSUARNCE CO. Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $461 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $16,110 | $43,723-63.2% | $121,196-86.7% | $64,186-74.9% |
| Participation rate | 57.9% | 58.3%-0.4pp | 71.7%-13.9pp | 69.6%-11.7pp |
| Annual return | -3.69% | 68.91%-72.6pp | 16.93%-20.6pp | 7.63%-11.3pp |
| Employer contribution / active EE | $578 | $1,296-55.4% | $4,022-85.6% | $2,381-75.7% |
| Participant deferral / active EE | $684 | $2,280-70.0% | $3,344-79.5% | $3,470-80.3% |
| Admin fee / account holder | $254 | $3,501-92.7% | $5,019-94.9% | $4,888-94.8% |