Filed February 11, 2011
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 |
|---|---|---|
MORGAN STANLEY SMITH BARNEY4+ years Service code 27 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004 | Advisory (Plan) | $21,320 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $16,868 |
BDO USA, LLP4+ years Service code 13 PO BOX 642743 · PITTSBURGH, PA 152642743 | Contract Administrator | $0 |
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.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $48,721 | $45,825+6.3% | $90,645-46.3% | $56,287-13.4% |
| Participation rate | 44.4% | 66.7%-22.3pp | 74.0%-29.6pp | 69.9%-25.4pp |
| Annual return | 6.80% | 38.64%-31.8pp | 1.88%+4.9pp | -9.96%+16.8pp |
| Employer contribution / active EE | $1,560 | $1,372+13.7% | $2,532-38.4% | $2,111-26.1% |
| Participant deferral / active EE | $3,024 | $2,562+18.0% | $3,425-11.7% | $3,350-9.7% |
| Admin fee / account holder | $368 | $413-10.7% | $4,994-92.6% | $521-29.3% |