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 4-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 Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $575 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,309 | $121,341-82.4% | $189,513-88.8% | $79,386-73.2% |
| Participation rate | 55.9% | 86.1%-30.2pp | 87.8%-31.9pp | 70.7%-14.8pp |
| Annual return | 58.70% | 21.08%+37.6pp | 555.15%-496.4pp | 116.85%-58.1pp |
| Employer contribution / active EE | $1,725 | $3,915-55.9% | $6,162-72.0% | $2,427-28.9% |
| Participant deferral / active EE | $2,621 | $6,395-59.0% | $8,221-68.1% | $4,046-35.2% |
| Admin fee / account holder | $234 | $651-64.1% | $12,045-98.1% | $626-62.7% |