Filed February 3, 1993
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 |
|---|---|---|
ALLIANCE BENEFIT GROUP2 years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $22,593 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $3,576 |
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.)
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 | $76,513 | $28,109+172.2% | $71,086+7.6% | $56,287+35.9% |
| Participation rate | 45.5% | 40.4%+5.0pp | 54.7%-9.2pp | 69.9%-24.4pp |
| Annual return | -4.00% | -615.05%+611.0pp | 650.59%-654.6pp | -9.96%+6.0pp |
| Employer contribution / active EE | $294 | $558-47.3% | $1,088-73.0% | $2,111-86.1% |
| Participant deferral / active EE | $908 | $1,116-18.6% | $1,874-51.5% | $3,350-72.9% |
| Admin fee / account holder | $448 | $585-23.4% | $3,082-85.5% | $521-14.0% |