Filed January 12, 2021
Total covered: 85 employees
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 | Recordkeeping | $330,668 |
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 | $146,150 | $122,693+19.1% | $184,203-20.7% | $199,593-26.8% |
| Participation rate | 99.3% | 86.8%+12.5pp | 86.8%+12.5pp | 72.0%+27.4pp |
| Annual return | 15.22% | 143.91%-128.7pp | 28.81%-13.6pp | 34.25%-19.0pp |
| Employer contribution / active EE | $6,761 | $4,584+47.5% | $6,427+5.2% | $3,034+122.8% |
| Participant deferral / active EE | $10,212 | $7,990+27.8% | $9,131+11.8% | $5,087+100.8% |
| Admin fee / account holder | $106 | $121-11.9% | $13,901-99.2% | $269-60.5% |