Filed July 9, 2007 (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 |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $108,964 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $30,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value 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 | $368,158 | $46,297+695.2% | $71,671+413.7% | $62,292+491.0% |
| Participation rate | 34.8% | 60.6%-25.8pp | 68.7%-33.9pp | 69.5%-34.7pp |
| Annual return | 16.26% | 22.32%-6.1pp | 20.65%-4.4pp | 28.90%-12.6pp |
| Employer contribution / active EE | $5,440 | $1,412+285.3% | $2,460+121.1% | $2,042+166.4% |
| Participant deferral / active EE | $5,027 | $2,235+124.9% | $3,438+46.2% | $3,169+58.6% |
| Admin fee / account holder | $1,029 | $461+123.5% | $5,558-81.5% | $479+114.7% |