Filed May 15, 2013
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 |
|---|---|---|
CLEARPOINT CAPITAL2 years Service code 27 23 WATER ST · BANGOR, ME 04401 | Advisory (Plan) | $37,495 |
Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766 | Recordkeeping | $33,020 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,843 | $56,485+4.2% | $185,823-68.3% | $86,799-32.2% |
| Participation rate | 48.4% | 65.5%-17.0pp | 81.7%-33.3pp | 72.3%-23.8pp |
| Annual return | 11.35% | 118.04%-106.7pp | 122.05%-110.7pp | 97.91%-86.6pp |
| Employer contribution / active EE | $919 | $1,843-50.1% | $5,167-82.2% | $2,405-61.8% |
| Participant deferral / active EE | $1,643 | $2,553-35.6% | $5,568-70.5% | $4,131-60.2% |
| Admin fee / account holder | $261 | $150+74.2% | $16,237-98.4% | $170+53.7% |