Filed August 12, 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 |
|---|---|---|
Filed as: BENEFIT PLANS ADMINISTRATIVE SVCS Service code 15 · EIN 16-1503696 | Recordkeeping | $38,872 |
US BANK9+ years Filed as: OLD NATIONAL BANCORP Service code 27 ONE MAIN ST. · EVANSVILLE, IN 47708 | Advisory (Plan) | $19,047 |
FIRST MERCHANTS TRUST CO6 years Service code 27 200 E JACKSON ST · MUNCIE, IN 47308 | Advisory (Plan) | $10,900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,727 | $50,815-67.1% | $155,509-89.2% | $77,643-78.5% |
| Participation rate | 64.4% | 63.1%+1.3pp | 78.2%-13.8pp | 70.6%-6.1pp |
| Annual return | 16.68% | 34.80%-18.1pp | 64.67%-48.0pp | 31.24%-14.6pp |
| Employer contribution / active EE | $366 | $1,993-81.6% | $4,672-92.2% | $2,726-86.6% |
| Participant deferral / active EE | $600 | $2,822-78.7% | $5,626-89.3% | $4,647-87.1% |
| Admin fee / account holder | $204 | $437-53.4% | $15,912-98.7% | $430-52.7% |