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 |
|---|---|---|
BUSEY WEALTH MANAGEMENT6 years Filed as: BUSEY BANK Service code 24 · EIN 37-0613731 | Discretionary Trustee | $294,123 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $128,106 |
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $6,325 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $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 | $78,444 | $163,264-52.0% | $155,509-49.6% | - |
| Participation rate | 63.0% | 62.7%+0.3pp | 78.2%-15.2pp | - |
| Annual return | 13.04% | 19.38%-6.3pp | 64.67%-51.6pp | - |
| Employer contribution / active EE | $1,724 | $2,490-30.7% | $4,672-63.1% | - |
| Participant deferral / active EE | $3,329 | $2,914+14.2% | $5,626-40.8% | - |
| Admin fee / account holder | $559 | $96,217-99.4% | $15,912-96.5% | - |