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 BANK3 years Service code 27 · EIN 31-1316299 | Advisory (Plan) | $14,045 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $13,435 |
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 | $38,557 | $47,126-18.2% | $149,673-74.2% | $74,419-48.2% |
| Participation rate | 39.6% | 63.4%-23.8pp | 78.8%-39.2pp | 70.7%-31.1pp |
| Annual return | 14.45% | 22.75%-8.3pp | 134.42%-120.0pp | 34.38%-19.9pp |
| Employer contribution / active EE | $593 | $1,905-68.9% | $4,818-87.7% | $2,637-77.5% |
| Participant deferral / active EE | $848 | $2,728-68.9% | $5,680-85.1% | $4,528-81.3% |
| Admin fee / account holder | $227 | $343-33.8% | $13,210-98.3% | $348-34.8% |