Filed December 21, 1999
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 |
|---|---|---|
PEAPACK-GLADSTONE BANK4+ years Service code 28 · EIN 22-3189064 | Investment Management | $88,450 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $74,569 |
STROTHER, JOHN F3 years Filed as: JOHN F STROTHER Service code 10 · EIN 15-7320829 | Accounting | $6,670 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $28 |
Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.4+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $44,471 | $68,904-35.5% | $121,196-63.3% | $68,904-35.5% |
| Participation rate | 62.1% | 74.1%-12.0pp | 71.7%-9.6pp | 74.1%-12.0pp |
| Annual return | -3.72% | 1.07%-4.8pp | 16.93%-20.6pp | 1.07%-4.8pp |
| Employer contribution / active EE | $344 | $2,540-86.5% | $4,022-91.5% | $2,540-86.5% |
| Participant deferral / active EE | $2,031 | $4,015-49.4% | $3,344-39.3% | $4,015-49.4% |
| Admin fee / account holder | $22 | $71-69.2% | $5,019-99.6% | $71-69.2% |