Filed September 13, 2019 (most recent of 2 filings on file)
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 |
|---|---|---|
METLIFE LIFE INSURANCE COMPANY1+ years Filed as: METROPOLITAN LIFE INSURANCE COMPANY Service code 64 300 DAVIDSON AVENUE · SOMERSET, NJ 08873 | Recordkeeping Fees | $37,236 |
METLIFE LIFE INSURANCE COMPANY1+ years Filed as: METLIFE SECURITIES INC. Service code 55 1095 AVENUE OF THE AMERICAS · NEW YORK, NY 10036 | Other Commissions | $14,645 |
Filed as: SHORE MEMORIAL HOSPITAL Service code 10 100 MEDICAL CENTER · SOMERS POINT, NJ 08244 | Accounting | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $16,400 | $37,117-55.8% | $147,614-88.9% | $55,191-70.3% |
| Participation rate | 92.3% | 63.6%+28.7pp | 84.6%+7.7pp | 69.2%+23.2pp |
| Annual return | 2.21% | 3.44%-1.2pp | 61.98%-59.8pp | 10.78%-8.6pp |
| Employer contribution / active EE | $1,526 | $1,620-5.8% | $5,564-72.6% | $1,899-19.6% |
| Participant deferral / active EE | $2,638 | $1,985+32.9% | $4,895-46.1% | $3,046-13.4% |
| Admin fee / account holder | $42 | $86-50.5% | $11,611-99.6% | $91-53.3% |