Filed October 18, 2004
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 31-1316299 | Advisory (Plan) | $21,456 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $15,956 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,940 | $56,485-25.7% | $185,823-77.4% | $86,799-51.7% |
| Participation rate | 32.6% | 65.5%-32.9pp | 81.7%-49.1pp | 72.3%-39.7pp |
| Annual return | 10.37% | 118.04%-107.7pp | 122.05%-111.7pp | 97.91%-87.5pp |
| Employer contribution / active EE | $509 | $1,843-72.4% | $5,167-90.2% | $2,405-78.9% |
| Participant deferral / active EE | $767 | $2,553-70.0% | $5,568-86.2% | $4,131-81.4% |
| Admin fee / account holder | $265 | $150+77.4% | $16,237-98.4% | $170+56.5% |