Filed January 30, 2013
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 |
|---|---|---|
HUNTINGTON NATIONAL BANK1 year Filed as: HUNTINGTON BANK Service code 10 · EIN 31-0966785 | Accounting | $30,837 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $34,973 | $56,629-38.2% | $77,999-55.2% | $55,167-36.6% |
| Participation rate | 95.0% | 73.3%+21.7pp | 75.5%+19.5pp | 69.0%+26.0pp |
| Annual return | 7.92% | 2866.98%-2859.1pp | 425.96%-418.0pp | 169.23%-161.3pp |
| Employer contribution / active EE | $0 | $1,723-100.0% | $2,470-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $2,457 | $2,777-11.5% | $3,497-29.7% | $3,054-19.5% |
| Admin fee / account holder | $255 | $467-45.4% | $5,480-95.3% | $504-49.4% |