Filed January 17, 2023
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 |
|---|---|---|
PENSION INC.2+ years Service code 13 · EIN 39-1955089 | Contract Administrator | $3,993 |
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).
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 | $38,960 | $48,300-19.3% | $40,145,923-99.9% | $62,891-38.1% |
| Participation rate | 41.6% | 62.0%-20.5pp | 68.4%-26.8pp | 69.3%-27.7pp |
| Annual return | 5.64% | 6.95%-1.3pp | 5.24%+0.4pp | 20.14%-14.5pp |
| Employer contribution / active EE | $180 | $1,333-86.5% | $1,844-90.2% | $2,281-92.1% |
| Participant deferral / active EE | $1,069 | $2,388-55.2% | $2,591-58.7% | $3,203-66.6% |
| Admin fee / account holder | $74 | $2,919-97.5% | $2,903-97.5% | $4,296-98.3% |