Filed February 27, 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $85,243 |
Service code 27 · EIN 22-3623353 | Advisory (Plan) | $41,141 |
THE BENEFIT PRACTICE9+ years Service code 13 · EIN 13-4144565 | Contract Administrator | $16,132 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,563 | $91,407-25.0% | $135,903-49.5% | $71,457-4.1% |
| Participation rate | 90.4% | 75.7%+14.7pp | 81.9%+8.5pp | 67.9%+22.4pp |
| Annual return | 23.49% | 29.90%-6.4pp | 68.23%-44.7pp | 28.85%-5.4pp |
| Employer contribution / active EE | $1,628 | $3,703-56.0% | $4,856-66.5% | $2,588-37.1% |
| Participant deferral / active EE | $12,155 | $7,092+71.4% | $7,758+56.7% | $4,289+183.4% |
| Admin fee / account holder | $328 | $1,266-74.1% | $10,762-97.0% | $1,587-79.3% |