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-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $31,970 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 15 · EIN 47-1411118 | Recordkeeping | $6,001 |
ADP BROKER-DEALER4 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).
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 | $34,303 | $44,960-23.7% | $84,966-59.6% | $74,495-54.0% |
| Participation rate | 43.5% | 49.4%-5.9pp | 67.5%-24.0pp | 67.2%-23.7pp |
| Annual return | 13.85% | 26.24%-12.4pp | 66.38%-52.5pp | 1364.94%-1351.1pp |
| Employer contribution / active EE | $1,623 | $1,457+11.4% | $2,727-40.5% | $2,623-38.1% |
| Participant deferral / active EE | $3,827 | $2,731+40.1% | $4,519-15.3% | $4,346-11.9% |
| Admin fee / account holder | $273 | $2,209-87.6% | $6,149-95.6% | $1,942-85.9% |