Filed May 27, 2012
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 |
|---|---|---|
TRI-STAR TRUST BANK1 year Filed as: TRISTAR TRUST BANK Service code 26 · EIN 38-3563619 200 E MAIN ST · MIDLAND, MI 48640 | Advisory (Participants) | $21,470 |
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $15,435 |
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 | $63,080 | $49,915+26.4% | $154,803-59.3% | $74,304-15.1% |
| Participation rate | 64.0% | 54.0%+10.1pp | 78.1%-14.0pp | 60.3%+3.7pp |
| Annual return | 15.99% | 34.06%-18.1pp | 58.88%-42.9pp | 29.43%-13.4pp |
| Employer contribution / active EE | $1,508 | $1,611-6.4% | $4,305-65.0% | $2,241-32.7% |
| Participant deferral / active EE | $2,744 | $2,255+21.7% | $5,540-50.5% | $3,767-27.2% |
| Admin fee / account holder | $316 | $2,189-85.6% | $14,329-97.8% | $2,969-89.4% |