Filed December 21, 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 |
|---|---|---|
HK FINANCIAL SERVICES1 year Filed as: HONKAMP KRUEGER FINANCIAL SERVICES Service code 70 · EIN 42-1447865 | Consulting Fees | $29,624 |
Service code 12 · EIN 93-1253576 | Claims processing; Custodial (other t... | $25,469 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $105,425 | $60,323+74.8% | $81,812+28.9% | $74,495+41.5% |
| Participation rate | 71.0% | 62.9%+8.1pp | 72.3%-1.4pp | 67.2%+3.8pp |
| Annual return | 13.20% | 16.90%-3.7pp | 773.79%-760.6pp | 1364.94%-1351.7pp |
| Employer contribution / active EE | $692 | $2,620-73.6% | $2,912-76.2% | $2,623-73.6% |
| Participant deferral / active EE | $4,157 | $3,387+22.7% | $4,319-3.7% | $4,346-4.3% |
| Admin fee / account holder | $324 | $1,486-78.2% | $7,386-95.6% | $1,942-83.3% |