Filed March 15, 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 |
|---|---|---|
VICUS CAPITAL1+ years Filed as: VICUS CAPITAL FBO MICHAEL WEIS Service code 15 476 ROLLING RIDGE DR STE 315 · STATE COLLEGE, PA 16801 | Recordkeeping | $14,048 |
PAYCHEX, INC.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $11,976 |
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 | $19,369 | $54,320-64.3% | $67,652-71.4% | $52,331-63.0% |
| Participation rate | 84.7% | 73.6%+11.1pp | 75.7%+9.0pp | 68.1%+16.6pp |
| Annual return | 0.69% | 6.81%-6.1pp | 6625.04%-6624.3pp | 4.54%-3.8pp |
| Employer contribution / active EE | $499 | $1,544-67.7% | $2,266-78.0% | $1,882-73.5% |
| Participant deferral / active EE | $1,757 | $2,950-40.5% | $3,560-50.7% | $3,022-41.9% |
| Admin fee / account holder | $154 | $527-70.7% | $4,821-96.8% | $592-73.9% |