Filed November 14, 1997
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 |
|---|---|---|
CETERA ADVISOR NETWORKS LLC6+ years Filed as: CETERA Service code 70 ATTN ANNUITY COMMISSIONS · ST. CLOUD, MN 56301 | Consulting Fees | $14,528 |
NATIONWIDE6+ years Service code 22 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Insurance Broker | $12,938 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $39,947 | $54,590-26.8% | $81,930-51.2% | $73,488-45.6% |
| Participation rate | 64.4% | 68.3%-4.0pp | 72.0%-7.6pp | 70.7%-6.3pp |
| Annual return | 16.19% | 17.74%-1.5pp | 29.49%-13.3pp | 28.51%-12.3pp |
| Employer contribution / active EE | $500 | $1,636-69.4% | $4,310-88.4% | $2,270-78.0% |
| Participant deferral / active EE | $1,535 | $2,759-44.4% | $7,107-78.4% | $3,740-59.0% |
| Admin fee / account holder | $358 | $592-39.6% | $5,158-93.1% | $513-30.3% |