Filed September 28, 1999 (most recent of 3 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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 04-2647786 | Recordkeeping | $227,404 |
MITCHELL & TITUS, LLP5+ years Filed as: MITCHELL AND TITUS LLP Service code 10 · EIN 13-2781641 | Accounting | $52,530 |
VERIZON COMMUNICATIONS INC.5+ years Filed as: VERIZON COMMUNICATIONS Service code 14 · EIN 23-2259884 | Plan Administrator | $40,178 |
CEM BENCHMARKING1 year Service code 38 · EIN 98-0180257 | Participant Communication | $17,000 |
RR DONNELLEY5+ years Service code 16 · EIN 88-0222636 | Consulting | $11,153 |
AON CONSULTING4 years Service code 16 · EIN 22-2232264 | Consulting | $7,267 |
Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,116 | $69,231+54.7% | $91,994+16.4% | $67,584+58.5% |
| Participation rate | 89.4% | 78.9%+10.5pp | 78.6%+10.7pp | 71.3%+18.1pp |
| Annual return | 15.47% | 32.03%-16.6pp | 69.04%-53.6pp | 378.59%-363.1pp |
| Employer contribution / active EE | $3,497 | $2,284+53.1% | $3,453+1.3% | $2,148+62.8% |
| Participant deferral / active EE | $6,388 | $5,854+9.1% | $5,924+7.8% | $3,540+80.5% |
| Admin fee / account holder | $188 | $107+74.6% | $7,744-97.6% | $142+31.8% |