Filed October 18, 2004
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 |
|---|---|---|
RICHARD T DESIMONE & CO1 year Service code 10 · EIN 36-3926077 | Accounting | $9,087 |
Service code 51 · EIN 39-6040276 | Investment Mgmt Fees | $3,127 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $30,484 | $37,044-17.7% | $71,796-57.5% | $57,658-47.1% |
| Participation rate | 63.3% | 61.1%+2.1pp | 69.1%-5.9pp | 70.2%-7.0pp |
| Annual return | 12.95% | 12.64%+0.3pp | 78.04%-65.1pp | 5.13%+7.8pp |
| Employer contribution / active EE | $301 | $720-58.2% | $1,924-84.3% | $1,974-84.7% |
| Participant deferral / active EE | $2,006 | $1,974+1.6% | $2,794-28.2% | $3,061-34.5% |
| Admin fee / account holder | $53 | $101-47.9% | $4,815-98.9% | $95-44.4% |