Filed August 12, 2021 (most recent of 2 filings on file)
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 RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $59,946 |
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING Service code 27 5454 WEST 110TH STREET · OVERLAND PARK, KS 66211 | Advisory (Plan) | $25,000 |
Service code 27 444 W 47TH STREET · KANSAS CITY, MO 64112 | Advisory (Plan) | $25,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,356 | $56,047+98.7% | $98,716+12.8% | $79,634+39.8% |
| Participation rate | 0.0% | 54.6%-54.6pp | 69.3%-69.3pp | 62.5%-62.5pp |
| Annual return | 14.42% | 17.58%-3.2pp | 31.81%-17.4pp | 36.46%-22.0pp |
| Employer contribution / active EE | $356 | $1,237-71.2% | $2,279-84.4% | $2,529-85.9% |
| Participant deferral / active EE | $1,014 | $2,469-58.9% | $4,048-74.9% | $3,835-73.6% |
| Admin fee / account holder | $507 | $1,512-66.5% | $8,703-94.2% | $1,002-49.4% |