Filed July 21, 2011
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 |
|---|---|---|
PCS RETIREMENT, LLC1 year Filed as: PCS RETIREMENT Service code 13 · EIN 23-3038464 | Contract Administrator | $32,766 |
Filed as: WEALTH ENHANCEMENT GROUP Service code 27 11 STANWIX STREET, SUITE 2310 · PITTSBURGH, PA 15222 | Advisory (Plan) | $22,407 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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).
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 | $105,444 | $130,194-19.0% | $169,993-38.0% | $71,457+47.6% |
| Participation rate | 98.1% | 86.1%+11.9pp | 87.0%+11.1pp | 67.9%+30.2pp |
| Annual return | 13.27% | 20.37%-7.1pp | 53.37%-40.1pp | 28.85%-15.6pp |
| Employer contribution / active EE | $2,690 | $4,381-38.6% | $6,785-60.4% | $2,588+3.9% |
| Participant deferral / active EE | $3,630 | $6,923-47.6% | $10,408-65.1% | $4,289-15.4% |
| Admin fee / account holder | $506 | $966-47.6% | $12,815-96.1% | $1,587-68.1% |