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 INS. CO. Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,150 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $25,374 | $36,916-31.3% | $156,549-83.8% | $57,658-56.0% |
| Participation rate | 26.6% | 63.4%-36.8pp | 84.0%-57.4pp | 70.2%-43.6pp |
| Annual return | 6.32% | 12.38%-6.1pp | 32.23%-25.9pp | 5.13%+1.2pp |
| Employer contribution / active EE | $262 | $1,571-83.3% | $5,501-95.2% | $1,974-86.7% |
| Participant deferral / active EE | $315 | $1,926-83.6% | $4,871-93.5% | $3,061-89.7% |
| Admin fee / account holder | $56 | $82-31.8% | $13,027-99.6% | $95-40.5% |