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 PLC2 years Service code 10 · EIN 38-3185476 | Accounting | $7,400 |
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $2,375 |
ADP BROKER-DEALER3+ 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 | $8,941 | $64,909-86.2% | $82,313-89.1% | $62,292-85.6% |
| Participation rate | 80.5% | 74.9%+5.6pp | 76.9%+3.6pp | 69.5%+10.9pp |
| Annual return | 17.44% | 21.18%-3.7pp | 25.88%-8.4pp | 28.90%-11.5pp |
| Employer contribution / active EE | $1,058 | $1,676-36.9% | $2,428-56.4% | $2,042-48.2% |
| Participant deferral / active EE | $1,554 | $3,103-49.9% | $3,706-58.1% | $3,169-51.0% |
| Admin fee / account holder | $110 | $440-75.1% | $5,608-98.0% | $479-77.1% |