Filed October 31, 2022
Total covered: 8 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 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 Service code 15 · EIN 01-0233346 | Recordkeeping | $2,988 |
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.
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 | $30,367 | $23,385+29.9% | $69,182-56.1% | $57,658-47.3% |
| Participation rate | 51.2% | 37.9%+13.3pp | 55.1%-3.9pp | 70.2%-19.0pp |
| Annual return | 4.98% | -659.34%+664.3pp | -21.93%+26.9pp | 5.13%-0.2pp |
| Employer contribution / active EE | $868 | $422+105.5% | $1,206-28.0% | $1,974-56.0% |
| Participant deferral / active EE | $1,388 | $843+64.6% | $1,897-26.8% | $3,061-54.7% |
| Admin fee / account holder | $135 | $82+64.7% | $2,697-95.0% | $95+43.0% |