Filed July 10, 2008
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 |
|---|---|---|
PENSYS, INC.3+ years Service code 15 · EIN 68-0348235 | Recordkeeping | $55,692 |
FRANKLIN TEMPLETON1 year Filed as: FRANKLIN STREET PARTNERS Service code 27 1450 RALEIGH ROAD, SUITE 300 · CHAPEL HIL, NC 27517 | Advisory (Plan) | $22,500 |
PENSYS FIDUCIARY SERVICES3+ years Service code 14 · EIN 46-3943208 | Plan Administrator | $13,642 |
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.
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 | $40,672 | $68,544-40.7% | $115,752-64.9% | $69,631-41.6% |
| Participation rate | 45.4% | 74.0%-28.5pp | 77.8%-32.3pp | 70.7%-25.3pp |
| Annual return | 14.36% | 20.97%-6.6pp | 19.41%-5.0pp | 27571.02%-27556.7pp |
| Employer contribution / active EE | $357 | $2,400-85.1% | $3,492-89.8% | $2,032-82.4% |
| Participant deferral / active EE | $929 | $3,887-76.1% | $5,204-82.2% | $3,224-71.2% |
| Admin fee / account holder | $200 | $90+121.0% | $6,278-96.8% | $110+80.8% |