Filed November 4, 2016
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 |
|---|---|---|
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Claims processing; Participant loan p... | $4,442 |
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 | $34,743 | $50,127-30.7% | $149,673-76.8% | $80,160-56.7% |
| Participation rate | 52.5% | 64.3%-11.8pp | 78.8%-26.3pp | 72.9%-20.5pp |
| Annual return | 14.91% | 29.82%-14.9pp | 134.42%-119.5pp | 40.38%-25.5pp |
| Employer contribution / active EE | $1,160 | $1,865-37.8% | $4,818-75.9% | $2,978-61.1% |
| Participant deferral / active EE | $1,025 | $3,194-67.9% | $5,680-81.9% | $5,017-79.6% |
| Admin fee / account holder | $5 | $153-96.9% | $13,210-100.0% | $145-96.7% |