Filed January 23, 2014
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 |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $12,812 |
SOMERSET CPAS1 year Filed as: SOMERSET CPAS P.C. Service code 10 · EIN 20-1717681 | Accounting | $7,500 |
Filed as: VOYA RETIREMENT INS & ANNUITY CO Service code 26 · EIN 71-0294708 | Advisory (Participants) | $6,614 |
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.
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 | $46,777 | $55,453-15.6% | $170,442-72.6% | $62,292-24.9% |
| Participation rate | 27.0% | 66.4%-39.4pp | 83.6%-56.6pp | 69.5%-42.6pp |
| Annual return | 15.79% | 21.38%-5.6pp | 205.93%-190.1pp | 28.90%-13.1pp |
| Employer contribution / active EE | $274 | $2,164-87.3% | $5,433-95.0% | $2,042-86.6% |
| Participant deferral / active EE | $967 | $2,303-58.0% | $4,939-80.4% | $3,169-69.5% |
| Admin fee / account holder | $208 | $455-54.2% | $13,880-98.5% | $479-56.5% |