Filed September 13, 2015
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 |
|---|---|---|
STEENSMA NOVOTNY PLC1 year Service code 10 · EIN 38-3185476 | Accounting | $7,250 |
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,925 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Filed as: SIGNATOR INVESTORS Service code 49 120 WEST DRIVE N SUITE 3 · MARSHALL, MI 49068 | Other Services | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $6,387 | $60,165-89.4% | $74,183-91.4% | $55,167-88.4% |
| Participation rate | 77.2% | 74.2%+3.1pp | 76.6%+0.6pp | 69.0%+8.2pp |
| Annual return | 7.91% | 10.00%-2.1pp | 17.74%-9.8pp | 169.23%-161.3pp |
| Employer contribution / active EE | $1,002 | $1,600-37.4% | $2,370-57.7% | $1,963-49.0% |
| Participant deferral / active EE | $1,649 | $2,973-44.5% | $3,550-53.5% | $3,054-46.0% |
| Admin fee / account holder | $76 | $419-81.8% | $5,586-98.6% | $504-84.8% |