Filed June 5, 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 |
|---|---|---|
PLANTE & MORAN, PLLC1+ years Filed as: PLANTE & MORAN FINANCIAL ADVISORS Service code 51 · EIN 38-3123123 | Investment Mgmt Fees | $24,955 |
ALLIANCE BENEFIT GROUP1+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $9,489 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 15 · EIN 42-1558009 | Recordkeeping | $4,666 |
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 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 | $71,870 | $43,550+65.0% | $63,517+13.2% | $52,331+37.3% |
| Participation rate | 58.7% | 65.7%-7.0pp | 71.0%-12.3pp | 68.1%-9.4pp |
| Annual return | 0.41% | 2.03%-1.6pp | -70.30%+70.7pp | 4.54%-4.1pp |
| Employer contribution / active EE | $1,541 | $1,351+14.0% | $2,322-33.7% | $1,882-18.1% |
| Participant deferral / active EE | $3,266 | $2,254+44.9% | $2,953+10.6% | $3,022+8.1% |
| Admin fee / account holder | $340 | $387-12.1% | $5,892-94.2% | $592-42.5% |