Filed February 21, 2013
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 |
|---|---|---|
FIRST CLEARING LLC2+ years Service code 27 · EIN 23-2384840 | Advisory (Plan) | $60,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $37,431 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $11,739 | $26,033-54.9% | $74,583-84.3% | $329,111-96.4% |
| Participation rate | 26.2% | 26.0%+0.2pp | 68.1%-41.9pp | 67.9%-41.7pp |
| Annual return | 19.33% | 33.64%-14.3pp | 20.47%-1.1pp | 16.35%+3.0pp |
| Employer contribution / active EE | $24 | $317-92.6% | $2,525-99.1% | $2,303-99.0% |
| Participant deferral / active EE | $1,559 | $825+89.0% | $3,458-54.9% | $3,682-57.6% |
| Admin fee / account holder | $21 | $62-65.8% | $4,138-99.5% | $754-97.2% |