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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $261,069 |
WELLS FARGO BANK, N.A.7+ years Service code 15 | Recordkeeping | $144,361 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $70,000 |
THORNHILL FINANCIAL, INC.1 year Filed as: THORNHILL FINANCIAL LLC Service code 10 · EIN 34-1818419 | Accounting | $8,000 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,104 | $77,197-66.2% | $86,874-70.0% | $93,030-71.9% |
| Participation rate | 82.7% | 78.2%+4.5pp | 71.6%+11.1pp | 73.9%+8.8pp |
| Annual return | 14.00% | 16.31%-2.3pp | 63.52%-49.5pp | 158.70%-144.7pp |
| Employer contribution / active EE | $888 | $2,514-64.7% | $2,495-64.4% | $2,706-67.2% |
| Participant deferral / active EE | $2,840 | $3,831-25.9% | $3,699-23.2% | $4,562-37.8% |
| Admin fee / account holder | $114 | $105+9.1% | $5,828-98.0% | $152-24.5% |