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 | $397,695 |
Filed as: GLOBAL RETIREMENT Service code 27 · EIN 47-1411118 | Advisory (Plan) | $80,000 |
THORNHILL FINANCIAL, INC.2 years Filed as: THORNHILL FINANCIAL LLC Service code 10 · EIN 34-1818419 | Accounting | $8,300 |
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 | $20,276 | $61,756-67.2% | $70,092-71.1% | $77,904-74.0% |
| Participation rate | 89.5% | 79.9%+9.6pp | 70.5%+19.0pp | 73.7%+15.8pp |
| Annual return | -14.90% | -11.86%-3.0pp | 190.73%-205.6pp | 12.21%-27.1pp |
| Employer contribution / active EE | $774 | $2,706-71.4% | $2,559-69.8% | $2,848-72.8% |
| Participant deferral / active EE | $3,063 | $3,977-23.0% | $3,849-20.4% | $4,806-36.3% |
| Admin fee / account holder | $90 | $101-10.9% | $6,267-98.6% | $133-31.9% |