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 |
|---|---|---|
Filed as: FREEDOM ONE RETIREMENT SERVICES Service code 13 8031 M 15 · CLARKSTON, MI 48348 | Contract Administrator | $77,893 |
CAPFINANCIAL PARTNERS LLC5+ years Filed as: CAPTRUST INVESTMENT ADVISORS Service code 26 8031 M 15 · CLARKSTON, MI 48348 | Advisory (Participants) | $75,416 |
WOLFF & TAYLOR PC1 year Service code 10 · EIN 43-1305868 | Accounting | $6,200 |
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 | $39,771 | $40,174-1.0% | $84,015-52.7% | $67,579-41.1% |
| Participation rate | 46.3% | 62.7%-16.4pp | 69.0%-22.7pp | 71.3%-25.0pp |
| Annual return | 12.01% | 25.82%-13.8pp | 71.31%-59.3pp | 378.56%-366.5pp |
| Employer contribution / active EE | $41 | $808-95.0% | $1,983-97.9% | $2,148-98.1% |
| Participant deferral / active EE | $1,173 | $2,301-49.0% | $3,239-63.8% | $3,539-66.9% |
| Admin fee / account holder | $515 | $128+301.0% | $6,101-91.6% | $142+261.6% |