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 | $700 |
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 | $110,137 | $49,138+124.1% | $84,015+31.1% | $65,185+69.0% |
| Participation rate | 69.9% | 60.7%+9.2pp | 69.0%+0.9pp | 70.2%-0.3pp |
| Annual return | 17.24% | 23.00%-5.8pp | 71.31%-54.1pp | 29.38%-12.1pp |
| Employer contribution / active EE | $2,012 | $914+120.2% | $1,983+1.4% | $2,177-7.6% |
| Participant deferral / active EE | $3,588 | $2,397+49.7% | $3,239+10.8% | $3,514+2.1% |
| Admin fee / account holder | $74 | $543-86.4% | $6,101-98.8% | $847-91.3% |