Filed February 27, 1997
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 |
|---|---|---|
DR ADVISORY SERVICES3 years Service code 26 · EIN 20-5173405 | Advisory (Participants) | $18,312 |
BENEFIT CONSULTANTS GROUP3 years Service code 15 · EIN 23-2383285 | Recordkeeping | $14,036 |
Filed as: TEAL, BECKER & CHIARAMONTE Service code 10 · EIN 14-1624930 | Accounting | $12,000 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $52,502 | $63,114-16.8% | $92,893-43.5% | $65,185-19.5% |
| Participation rate | 48.6% | 68.8%-20.1pp | 76.0%-27.4pp | 70.2%-21.6pp |
| Annual return | 23.21% | 28.75%-5.5pp | 109.41%-86.2pp | 29.38%-6.2pp |
| Employer contribution / active EE | $1,005 | $2,571-60.9% | $3,653-72.5% | $2,177-53.8% |
| Participant deferral / active EE | $3,194 | $3,108+2.7% | $4,236-24.6% | $3,514-9.1% |
| Admin fee / account holder | $457 | $624-26.7% | $5,794-92.1% | $847-46.0% |