Filed February 1, 1996
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
KERNS CAPITAL MANAGEMENT1+ years Filed as: KERNS CAPITAL MANAGEMENT INC Service code 27 · EIN 74-6048807 | Advisory (Plan) | $106,689 |
M L KERNS & ASSOCIATES LLC1+ years Service code 13 · EIN 25-1905808 | Contract Administrator | $8,834 |
CHARLES SCHWAB & CO., INC.1+ years Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $56,372 | $57,108-1.3% | $94,224-40.2% | $52,331+7.7% |
| Participation rate | 83.4% | 72.9%+10.5pp | 78.8%+4.6pp | 68.1%+15.3pp |
| Annual return | -4.31% | 1.47%-5.8pp | 10.68%-15.0pp | 4.54%-8.9pp |
| Employer contribution / active EE | $1,160 | $1,735-33.2% | $3,587-67.7% | $1,882-38.4% |
| Participant deferral / active EE | $3,948 | $3,040+29.9% | $4,320-8.6% | $3,022+30.6% |
| Admin fee / account holder | $564 | $546+3.1% | $6,269-91.0% | $592-4.7% |