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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 P.0. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $2,540 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,185 | $79,171-59.3% | $102,423-68.6% | $74,495-56.8% |
| Participation rate | 69.0% | 74.8%-5.8pp | 76.5%-7.5pp | 67.2%+1.8pp |
| Annual return | 17.32% | 54.93%-37.6pp | 29.32%-12.0pp | 1364.94%-1347.6pp |
| Employer contribution / active EE | $1,705 | $2,362-27.8% | $3,023-43.6% | $2,623-35.0% |
| Participant deferral / active EE | $2,294 | $4,415-48.0% | $5,053-54.6% | $4,346-47.2% |
| Admin fee / account holder | $368 | $2,001-81.6% | $9,451-96.1% | $1,942-81.1% |