Filed October 30, 2014
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 |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK1+ years Filed as: COMMONWEALTH FINANCIAL NETWORK, INC Service code 27 · EIN 04-2675571 | Advisory (Plan) | $63,000 |
Service code 13 · EIN 06-1050034 | Contract Administrator | $47,125 |
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 | $91,071 | $86,372+5.4% | $123,892-26.5% | $65,292+39.5% |
| Participation rate | 100.0% | 76.9%+23.1pp | 81.4%+18.6pp | 72.4%+27.6pp |
| Annual return | 8.74% | 11.27%-2.5pp | 47.52%-38.8pp | 11.84%-3.1pp |
| Employer contribution / active EE | $3,069 | $2,838+8.1% | $4,617-33.5% | $2,302+33.3% |
| Participant deferral / active EE | $5,918 | $5,625+5.2% | $5,984-1.1% | $3,579+65.4% |
| Admin fee / account holder | $19 | $53-63.7% | $8,357-99.8% | $57-66.6% |