Filed August 9, 2006
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 |
|---|---|---|
OLSHAN FROME WOLOSKY LLP2 years Service code 29 · EIN 13-1978173 | Legal | $69,612 |
MARKS PANETH LLP2 years Service code 10 · EIN 11-3518842 | Accounting | $40,940 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$39,863 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $190,104 | $65,292+191.2% | $71,671+165.2% | $77,958+143.9% |
| Participation rate | 38.1% | 67.4%-29.3pp | 68.7%-30.6pp | 71.6%-33.5pp |
| Annual return | 14.92% | 21.25%-6.3pp | 20.65%-5.7pp | 20.87%-6.0pp |
| Employer contribution / active EE | $425 | $2,085-79.6% | $2,460-82.7% | $2,310-81.6% |
| Participant deferral / active EE | $2,778 | $3,008-7.7% | $3,438-19.2% | $3,537-21.5% |
| Admin fee / account holder | $1,002 | $84+1086.1% | $5,558-82.0% | $97+928.7% |