Filed February 25, 2016 (most recent of 3 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 |
|---|---|---|
FULTON FINANCIAL ADVISORS3 years Filed as: FULTON BANK, N. A. Service code 15 · EIN 23-1928421 | Recordkeeping | $31,955 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $87,527 | $65,061+34.5% | $143,757-39.1% | $66,914+30.8% |
| Participation rate | 34.0% | 65.2%-31.2pp | 80.3%-46.4pp | 69.8%-35.9pp |
| Annual return | -21.51% | -11.14%-10.4pp | -0.04%-21.5pp | 1.58%-23.1pp |
| Employer contribution / active EE | $505 | $2,361-78.6% | $4,951-89.8% | $2,544-80.1% |
| Participant deferral / active EE | $1,392 | $2,919-52.3% | $5,637-75.3% | $4,237-67.1% |
| Admin fee / account holder | $380 | $502-24.2% | $14,673-97.4% | $593-35.9% |