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 | $348,585 |
ASCENSUS LLC2 years Filed as: FUTUREPLAN BY ASCENSUS Service code 12 · EIN 36-3036100 2110 CLEARLAKE BLVD., SUITE 200 · CHAMPAIGN, IL 61822 | Claims processing; Plan Administrator... | $4,810 |
BUSEY WEALTH MANAGEMENT4 years Filed as: BUSEY BANK Service code 24 · EIN 37-0613731 201 W. MAIN STREET · URBANA, IA 61801 | Discretionary Trustee | $0 |
CHARLES SCHWAB & CO., INC.8+ years Filed as: CHARLES SCHWAB & CO., INC Service code 49 · EIN 94-1737782 | Other Services | $0 |
CHARLES SCHWAB & CO., INC.8+ 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 | $62,532 | $46,292+35.1% | $143,757-56.5% | $64,808-3.5% |
| Participation rate | 69.0% | 64.2%+4.8pp | 80.3%-11.3pp | 71.5%-2.5pp |
| Annual return | -16.60% | -10.05%-6.6pp | -0.04%-16.6pp | 32.82%-49.4pp |
| Employer contribution / active EE | $1,825 | $1,910-4.4% | $4,951-63.1% | $2,506-27.2% |
| Participant deferral / active EE | $3,662 | $2,646+38.4% | $5,637-35.0% | $4,310-15.0% |
| Admin fee / account holder | $527 | $154+242.9% | $14,673-96.4% | $188+180.8% |