Filed January 24, 2014
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 |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $294,946 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $40,000 |
THORNHILL FINANCIAL, INC.4+ years Filed as: THORNHILL FINANCIAL Service code 10 · EIN 34-1818419 | Accounting | $7,500 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $13,499 | $77,559-82.6% | $68,793-80.4% | $75,289-82.1% |
| Participation rate | 89.2% | 78.3%+10.9pp | 72.2%+17.0pp | 72.4%+16.8pp |
| Annual return | -4.36% | -1.01%-3.4pp | -4.63%+0.3pp | -0.04%-4.3pp |
| Employer contribution / active EE | $561 | $1,993-71.8% | $2,625-78.6% | $2,405-76.7% |
| Participant deferral / active EE | $2,374 | $3,128-24.1% | $3,311-28.3% | $3,739-36.5% |
| Admin fee / account holder | $70 | $90-22.6% | $5,131-98.6% | $102-31.6% |