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 INC2 years Filed as: M&T SECURITIES Service code 55 · EIN 16-1263079 | Other Commissions | $11,148 |
Service code 37 · EIN 04-2647786 | Loan Processing | $356 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $62,251 | $47,448+31.2% | $94,993-34.5% | $62,292-0.1% |
| Participation rate | 39.9% | 66.5%-26.6pp | 73.9%-34.0pp | 69.5%-29.7pp |
| Annual return | 16.58% | 22.64%-6.1pp | 27.12%-10.5pp | 28.90%-12.3pp |
| Employer contribution / active EE | $1,247 | $1,300-4.1% | $2,603-52.1% | $2,042-39.0% |
| Participant deferral / active EE | $2,405 | $2,375+1.3% | $3,317-27.5% | $3,169-24.1% |
| Admin fee / account holder | $5 | $434-98.9% | $4,960-99.9% | $479-99.0% |