Filed May 6, 2012 (most recent of 2 filings on file)
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 |
|---|---|---|
RAINER & COMPANY5+ years Service code 10 · EIN 23-2183936 | Accounting | $11,399 |
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $8,968 |
Service code 25 · EIN 04-2647786 | Directed Trustee | $3,867 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $88,583 | $54,573+62.3% | $90,951-2.6% | $73,488+20.5% |
| Participation rate | 31.3% | 61.2%-29.9pp | 69.0%-37.8pp | 70.7%-39.4pp |
| Annual return | 18.46% | 16.69%+1.8pp | 134.60%-116.1pp | 28.51%-10.1pp |
| Employer contribution / active EE | $204 | $991-79.4% | $2,122-90.4% | $2,270-91.0% |
| Participant deferral / active EE | $1,790 | $2,517-28.9% | $3,373-46.9% | $3,740-52.1% |
| Admin fee / account holder | $294 | $521-43.7% | $5,959-95.1% | $513-42.8% |