Filed April 2, 2009
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 |
|---|---|---|
Filed as: VOYA RETIRMENT INSURANCE & ANNUITY Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $42,088 |
MURRAY FINANCIAL GROUP2 years Filed as: MURRAY DAVID B Service code 55 188 STATE STREET · PORTLAND, ME 04101 | Other Commissions | $20,742 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $27,273 | $67,512-59.6% | $185,823-85.3% | $93,030-70.7% |
| Participation rate | 9.9% | 67.1%-57.2pp | 81.7%-71.8pp | 73.9%-64.0pp |
| Annual return | 30.94% | 21.04%+9.9pp | 122.05%-91.1pp | 158.70%-127.8pp |
| Employer contribution / active EE | $39 | $1,783-97.8% | $5,167-99.3% | $2,706-98.6% |
| Participant deferral / active EE | $287 | $3,035-90.5% | $5,568-94.8% | $4,562-93.7% |
| Admin fee / account holder | $91 | $318-71.4% | $16,237-99.4% | $152-40.1% |