Filed May 15, 2013
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 |
|---|---|---|
ADP BROKER-DEALER6+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
COMERICA BANK1 year Filed as: COMERICA SECURITIES Service code 49 411 W. LAFAYETTE BLVD. · DETROIT, MI 48226 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,535 | $58,347-46.0% | $85,682-63.2% | $86,799-63.7% |
| Participation rate | 43.7% | 64.9%-21.2pp | 69.9%-26.2pp | 72.3%-28.6pp |
| Annual return | 20.14% | 18.43%+1.7pp | 21.49%-1.3pp | 97.91%-77.8pp |
| Employer contribution / active EE | $0 | $1,751-100.0% | $2,618-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $1,117 | $3,065-63.6% | $3,923-71.5% | $4,131-73.0% |
| Admin fee / account holder | $0 | $147-100.0% | $6,873-100.0% | $170-100.0% |