Filed May 22, 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 |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $34,449 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 15 · EIN 47-1411118 | Recordkeeping | $5,092 |
ADP BROKER-DEALER3 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
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).
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 | $16,956 | $41,078-58.7% | $80,569-79.0% | $71,457-76.3% |
| Participation rate | 61.3% | 50.2%+11.0pp | 67.0%-5.7pp | 67.9%-6.7pp |
| Annual return | 17.27% | 38.45%-21.2pp | 935.43%-918.2pp | 28.85%-11.6pp |
| Employer contribution / active EE | $955 | $1,506-36.6% | $2,723-64.9% | $2,588-63.1% |
| Participant deferral / active EE | $4,359 | $2,699+61.5% | $4,447-2.0% | $4,289+1.6% |
| Admin fee / account holder | $173 | $1,840-90.6% | $5,377-96.8% | $1,587-89.1% |