Filed March 8, 2005
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 |
|---|---|---|
CAPFINANCIAL PARTNERS LLC4+ years Filed as: CAPTRUST INVESTMENT ADVISORS Service code 26 8031 M 15 · CLARKSTON, MI 48348 | Advisory (Participants) | $83,019 |
Filed as: FREEDOM ONE RETIREMENT SERVICES Service code 13 8031 M 15 · CLARKSTON, MI 48348 | Contract Administrator | $75,412 |
BOYD, FRANZ & STEPHANS LLP2 years Service code 10 · EIN 43-0614115 | Accounting | $18,728 |
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.)
Annual investment return 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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,814 | $35,485-7.5% | $74,550-56.0% | $55,725-41.1% |
| Participation rate | 47.3% | 62.5%-15.2pp | 69.1%-21.8pp | 70.9%-23.5pp |
| Annual return | -12.04% | 0.72%-12.8pp | 32.53%-44.6pp | 244.93%-257.0pp |
| Employer contribution / active EE | $40 | $777-94.9% | $1,961-98.0% | $2,078-98.1% |
| Participant deferral / active EE | $1,118 | $2,181-48.7% | $3,108-64.0% | $3,356-66.7% |
| Admin fee / account holder | $526 | $114+360.2% | $5,060-89.6% | $115+356.8% |