Filed January 13, 2016
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: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $561 |
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.
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 | $103,947 | $51,466+102.0% | $78,778+32.0% | $62,292+66.9% |
| Participation rate | 65.0% | 59.8%+5.2pp | 69.2%-4.2pp | 69.5%-4.6pp |
| Annual return | 13.12% | 19.96%-6.8pp | 35.62%-22.5pp | 28.90%-15.8pp |
| Employer contribution / active EE | $1,740 | $827+110.4% | $1,986-12.3% | $2,042-14.8% |
| Participant deferral / active EE | $3,107 | $2,147+44.7% | $2,958+5.0% | $3,169-2.0% |
| Admin fee / account holder | $82 | $489-83.3% | $5,134-98.4% | $479-82.9% |