Filed July 9, 2009 (most recent of 2 filings on file)
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 |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK4+ years Filed as: COMMONWEALTH Service code 27 · EIN 04-2675571 | Advisory (Plan) | $48,434 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49 · EIN 04-1590850 | Other Services | $24,518 |
SUMMIT FINANCIAL CORPORATION3 years Service code 13 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $21,058 | $45,382-53.6% | $154,107-86.3% | $75,289-72.0% |
| Participation rate | 30.1% | 65.9%-35.8pp | 83.0%-52.9pp | 72.4%-42.3pp |
| Annual return | -4.72% | -0.47%-4.3pp | 735.12%-739.8pp | -0.04%-4.7pp |
| Employer contribution / active EE | $197 | $1,533-87.2% | $5,298-96.3% | $2,405-91.8% |
| Participant deferral / active EE | $934 | $2,384-60.8% | $5,081-81.6% | $3,739-75.0% |
| Admin fee / account holder | $97 | $89+8.7% | $13,411-99.3% | $102-5.1% |