Filed November 24, 2009 (most recent of 2 filings on file)
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 |
|---|---|---|
HUNTINGTON NATIONAL BANK8+ years Filed as: THE HUNTINGTON NATIONAL BANK Service code 27 · EIN 31-0966785 | Advisory (Plan) | $41,299 |
HUNGERFORD NICHOLS3 years Service code 10 · EIN 38-2184825 | Accounting | $8,900 |
Filed as: TRANSAMERICA RET. SOLUTIONS, LLC Service code 15 · EIN 13-3689044 | Recordkeeping | $4,972 |
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $2,994 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,187 | $65,435+30.2% | $86,677-1.7% | $66,914+27.3% |
| Participation rate | 92.8% | 75.5%+17.3pp | 76.6%+16.2pp | 69.8%+23.0pp |
| Annual return | -19.77% | -10.89%-8.9pp | 35.91%-55.7pp | 1.58%-21.4pp |
| Employer contribution / active EE | $1,262 | $2,153-41.4% | $2,836-55.5% | $2,544-50.4% |
| Participant deferral / active EE | $3,605 | $4,100-12.1% | $4,656-22.6% | $4,237-14.9% |
| Admin fee / account holder | $369 | $642-42.5% | $7,493-95.1% | $593-37.8% |