Filed November 8, 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 |
|---|---|---|
SUMMIT FINANCIAL CORPORATION8+ years Service code 13 300 BALLARDVALE STREET · WILMINGTON, MA 01887 | Contract Administrator | $38,203 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $35,582 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $12,735 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,858 | $51,197+79.4% | $82,719+11.0% | $66,914+37.3% |
| Participation rate | 96.8% | 67.8%+29.0pp | 72.6%+24.3pp | 69.8%+27.0pp |
| Annual return | -17.37% | -9.64%-7.7pp | 701.18%-718.5pp | 1.58%-19.0pp |
| Employer contribution / active EE | $3,788 | $2,611+45.1% | $3,009+25.9% | $2,544+48.9% |
| Participant deferral / active EE | $9,271 | $3,458+168.1% | $4,395+110.9% | $4,237+118.8% |
| Admin fee / account holder | $322 | $416-22.5% | $5,329-94.0% | $593-45.7% |