Filed July 4, 2010
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 FINWAY GROUP7 years Filed as: THE FINWAY GROUP LLC Service code 13 5625 MILLS CIVIC PKWY, SUITE 101 · WEST DES MOINES, IA 50266 | Contract Administrator | $26,491 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $17,577 |
Filed as: NORTHWEST WEALTH MANAGEMENT LLC Service code 27 1607 W 18TH ST · SPENCER, IA 51301 | Advisory (Plan) | $14,776 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,966 | $50,815-15.4% | $155,509-72.4% | $77,643-44.7% |
| Participation rate | 34.4% | 63.1%-28.7pp | 78.2%-43.8pp | 70.6%-36.1pp |
| Annual return | 13.11% | 34.80%-21.7pp | 64.67%-51.6pp | 31.24%-18.1pp |
| Employer contribution / active EE | $327 | $1,993-83.6% | $4,672-93.0% | $2,726-88.0% |
| Participant deferral / active EE | $1,258 | $2,822-55.4% | $5,626-77.6% | $4,647-72.9% |
| Admin fee / account holder | $399 | $437-8.5% | $15,912-97.5% | $430-7.2% |