Filed March 28, 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 |
|---|---|---|
HUNTINGTON NATIONAL BANK1 year Service code 27 · EIN 31-0966785 | Advisory (Plan) | $8,106 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $1,199 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,275 | $72,254+30.5% | $86,677+8.8% | $64,808+45.5% |
| Participation rate | 52.6% | 80.4%-27.8pp | 76.6%-24.0pp | 71.5%-18.9pp |
| Annual return | -10.34% | 392.42%-402.8pp | 35.91%-46.3pp | 32.82%-43.2pp |
| Employer contribution / active EE | $876 | $2,393-63.4% | $2,836-69.1% | $2,506-65.0% |
| Participant deferral / active EE | $1,976 | $4,658-57.6% | $4,656-57.6% | $4,310-54.2% |
| Admin fee / account holder | $56 | $174-67.8% | $7,493-99.3% | $188-70.2% |