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 | $260,294 |
MITCHELL & TITUS, LLP8+ years Filed as: MITCHELL AND TITUS LLP Service code 10 · EIN 13-2781641 | Accounting | $56,650 |
VERIZON COMMUNICATIONS INC.8+ years Filed as: VERIZON COMMUNICATIONS Service code 14 · EIN 23-2259884 | Plan Administrator | $14,160 |
AON CONSULTING7 years Service code 16 · EIN 22-2232264 | Consulting | $6,112 |
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 | $98,261 | $64,612+52.1% | $86,460+13.6% | $64,829+51.6% |
| Participation rate | 93.6% | 81.5%+12.1pp | 80.3%+13.3pp | 71.5%+22.1pp |
| Annual return | -17.66% | 0.66%-18.3pp | 4399.82%-4417.5pp | 32.85%-50.5pp |
| Employer contribution / active EE | $2,664 | $2,744-2.9% | $3,771-29.3% | $2,507+6.3% |
| Participant deferral / active EE | $8,621 | $7,497+15.0% | $6,954+24.0% | $4,312+100.0% |
| Admin fee / account holder | $257 | $169+52.0% | $6,727-96.2% | $188+36.8% |