Filed March 7, 2005
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 |
|---|---|---|
HUNTINGTON NATIONAL BANK3+ years Filed as: HUNTINGTON BANK Service code 15 · EIN 31-0966785 41 S. HIGH STREET · COLUMBUS, OH 43215 | Recordkeeping | $45,261 |
MAYER HOFFMAN MCCANN P.C.3+ years Service code 10 · EIN 43-1947695 6050 OAK TREE BLVD., SUITE 500 · CLEVELAND, OH 44131 | Accounting | $14,200 |
Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Securitie... | $629 |
Filed as: CHARLES SCHWAB & CO INC & AFFILIATE Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $162,393 | $62,586+159.5% | $76,768+111.5% | $64,186+153.0% |
| Participation rate | 100.0% | 72.8%+27.2pp | 77.0%+23.0pp | 69.6%+30.4pp |
| Annual return | 11.31% | -1.95%+13.3pp | 2.43%+8.9pp | 7.63%+3.7pp |
| Employer contribution / active EE | $0 | $1,832-100.0% | $2,485-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $0 | $3,145-100.0% | $3,852-100.0% | $3,470-100.0% |
| Admin fee / account holder | $302 | $4,667-93.5% | $6,675-95.5% | $4,888-93.8% |