Filed April 23, 2008
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 |
|---|---|---|
SECURITIES AMERICA INC1 year Filed as: M&T SECURITIES Service code 55 285 DELAWARE AVE STE 2000 · BUFFALO, NY 14202 | Other Commissions | $7,333 |
Service code 37 · EIN 04-2647786 | Loan Processing | $750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,329 | $42,772+48.1% | $87,507-27.6% | $55,167+14.8% |
| Participation rate | 44.8% | 66.5%-21.7pp | 73.8%-29.1pp | 69.0%-24.2pp |
| Annual return | 8.61% | 21.20%-12.6pp | 12.21%-3.6pp | 169.23%-160.6pp |
| Employer contribution / active EE | $1,280 | $1,277+0.3% | $2,550-49.8% | $1,963-34.8% |
| Participant deferral / active EE | $2,394 | $2,342+2.2% | $3,149-24.0% | $3,054-21.6% |
| Admin fee / account holder | $11 | $461-97.7% | $4,221-99.7% | $504-97.9% |