Filed June 27, 2022 (most recent of 2 filings on file)
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 LIFE INSURANCE CO. USA Service code 15 · EIN 01-0233346 | Recordkeeping | $234 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $36,145 | $74,089-51.2% | $133,980-73.0% | $55,167-34.5% |
| Participation rate | 50.0% | 84.3%-34.3pp | 87.1%-37.1pp | 69.0%-19.0pp |
| Annual return | 6.78% | 12.11%-5.3pp | 29.30%-22.5pp | 169.23%-162.4pp |
| Employer contribution / active EE | $1,132 | $3,064-63.0% | $5,211-78.3% | $1,963-42.3% |
| Participant deferral / active EE | $3,813 | $4,678-18.5% | $6,282-39.3% | $3,054+24.8% |
| Admin fee / account holder | $205 | $458-55.2% | $9,324-97.8% | $504-59.3% |