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 LLC3+ years Service code 27 · EIN 23-2384840 | Advisory (Plan) | $50,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $28,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $14,137 | $29,988-52.9% | $81,478-82.6% | $80,976-82.5% |
| Participation rate | 27.2% | 32.0%-4.8pp | 68.0%-40.7pp | 68.3%-41.0pp |
| Annual return | 26.18% | 51.73%-25.6pp | 38.78%-12.6pp | 22.91%+3.3pp |
| Employer contribution / active EE | $51 | $470-89.1% | $2,568-98.0% | $2,402-97.9% |
| Participant deferral / active EE | $1,861 | $1,209+54.0% | $3,537-47.4% | $3,848-51.6% |
| Admin fee / account holder | $13 | $63-79.0% | $4,561-99.7% | $67-80.4% |