Filed December 2, 2011
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.
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| Provider | Service type | Compensation |
|---|---|---|
HORNOR TOWNSEND & KENT INC2+ years Service code 53 · EIN 23-1706189 | Insurance Commissions | $21,500 |
LIFETIME BENEFIT SOLUTIONS2+ years Filed as: LIFETIME BENEFIT SOLUTIONS, INC. Service code 13 | Contract Administrator | $8,976 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $4,100 |
LIFETIME BENEFIT SOLUTIONS2+ years Service code 13 · EIN 16-1353494 | Contract Administrator | $0 |
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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,710 | $71,802-2.9% | $133,975-48.0% | $57,658+20.9% |
| Participation rate | 93.6% | 85.5%+8.1pp | 87.1%+6.5pp | 70.2%+23.3pp |
| Annual return | 8.09% | 13.51%-5.4pp | 29.29%-21.2pp | 5.13%+3.0pp |
| Employer contribution / active EE | $3,152 | $3,161-0.3% | $5,211-39.5% | $1,974+59.7% |
| Participant deferral / active EE | $3,568 | $4,606-22.5% | $6,282-43.2% | $3,061+16.6% |
| Admin fee / account holder | $14 | $88-83.9% | $9,324-99.8% | $95-85.1% |