Filed June 29, 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 |
|---|---|---|
Filed as: EPIC Service code 15 · EIN 37-0899315 465 FULTON STREET · PEORIA, IL 61602 | Recordkeeping | $594,448 |
BUSEY WEALTH MANAGEMENT3 years Filed as: BUSEY BANK Service code 24 · EIN 37-0613731 201 W. MAIN STREET · URBANA, IA 61801 | Discretionary Trustee | $53,869 |
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 12 · EIN 36-3036100 2110 CLEARLAKE BLVD., SUITE 200 · CHAMPAIGN, IL 61822 | Claims processing; Direct payment fro... | $3,710 |
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB & CO., INC Service code 49 · EIN 94-1737782 | Other Services | $0 |
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,507 | $56,485+23.1% | $185,823-62.6% | $86,799-19.9% |
| Participation rate | 69.0% | 65.5%+3.5pp | 81.7%-12.7pp | 72.3%-3.3pp |
| Annual return | 15.74% | 118.04%-102.3pp | 122.05%-106.3pp | 97.91%-82.2pp |
| Employer contribution / active EE | $1,645 | $1,843-10.7% | $5,167-68.2% | $2,405-31.6% |
| Participant deferral / active EE | $3,127 | $2,553+22.5% | $5,568-43.8% | $4,131-24.3% |
| Admin fee / account holder | $531 | $150+255.1% | $16,237-96.7% | $170+213.3% |