Filed March 25, 2014 (most recent of 2 filings on file)
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 |
|---|---|---|
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930 PO BOX 1101 · VALLEY FORGE, PA 194831101 | Recordkeeping | $10,678 |
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: KDP RETIREMENT PLAN SERVICES, INC. Service code 13 · EIN 38-3478073 3060 LAKE EASTBROOK BLVD SE · GRAND RAPIDS, MI 49512 | Contract Administrator | $1,435 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 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 | $38,311 | $71,192-46.2% | $117,854-67.5% | $62,292-38.5% |
| Participation rate | 68.0% | 74.2%-6.2pp | 79.7%-11.6pp | 69.5%-1.5pp |
| Annual return | 15.94% | 18.66%-2.7pp | 335.08%-319.1pp | 28.90%-13.0pp |
| Employer contribution / active EE | $349 | $1,934-82.0% | $3,786-90.8% | $2,042-82.9% |
| Participant deferral / active EE | $2,262 | $3,189-29.1% | $4,482-49.5% | $3,169-28.6% |
| Admin fee / account holder | $75 | $587-87.2% | $8,020-99.1% | $479-84.4% |