Filed November 18, 2016 (most recent of 3 filings on file)
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 |
|---|---|---|
NORTHWEST BANK2 years Service code 21 · EIN 26-3901659 | Bank Trustee | $48,010 |
Filed as: BOETGER RETIREMENT PLAN SERVICES Service code 64 · EIN 82-1667008 | Recordkeeping Fees | $8,271 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $139,596 | $47,977+191.0% | $154,107-9.4% | $56,287+148.0% |
| Participation rate | 82.7% | 66.2%+16.5pp | 83.0%-0.3pp | 69.9%+12.9pp |
| Annual return | -1.45% | 3.54%-5.0pp | 735.12%-736.6pp | -9.96%+8.5pp |
| Employer contribution / active EE | $1,607 | $2,169-25.9% | $5,298-69.7% | $2,111-23.9% |
| Participant deferral / active EE | $6,430 | $2,392+168.8% | $5,081+26.6% | $3,350+92.0% |
| Admin fee / account holder | $319 | $438-27.1% | $13,411-97.6% | $521-38.7% |