Filed May 6, 2010
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 |
|---|---|---|
MCGEE FINANCIAL SVCS INC3+ years Service code 26 · EIN 20-3173595 | Advisory (Participants) | $39,917 |
Service code 15 · EIN 35-0145825 | Recordkeeping | $4,644 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $56,508 | $37,196+51.9% | $154,107-63.3% | $55,725+1.4% |
| Participation rate | 58.0% | 64.1%-6.1pp | 83.0%-25.0pp | 70.9%-12.9pp |
| Annual return | 8.51% | 1319.68%-1311.2pp | 735.12%-726.6pp | 244.93%-236.4pp |
| Employer contribution / active EE | $1,171 | $1,614-27.4% | $5,298-77.9% | $2,078-43.6% |
| Participant deferral / active EE | $1,989 | $2,068-3.8% | $5,081-60.9% | $3,356-40.7% |
| Admin fee / account holder | $122 | $102+20.5% | $13,411-99.1% | $115+6.3% |