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 |
|---|---|---|
Service code 13 · EIN 06-1050034 | Contract Administrator | $430,429 |
COMMONWEALTH FINANCIAL NETWORK2+ years Filed as: COMMONWEALTH FINANCIAL NETWORK, INC Service code 27 · EIN 04-2675571 | Advisory (Plan) | $84,000 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $109,453 | $100,589+8.8% | $136,294-19.7% | $177,276-38.3% |
| Participation rate | 100.0% | 77.4%+22.6pp | 81.9%+18.1pp | 74.8%+25.2pp |
| Annual return | 22.35% | 39.18%-16.8pp | 5155.94%-5133.6pp | 21.25%+1.1pp |
| Employer contribution / active EE | $3,065 | $3,259-6.0% | $4,695-34.7% | $2,479+23.7% |
| Participant deferral / active EE | $6,076 | $5,830+4.2% | $6,247-2.7% | $3,881+56.6% |
| Admin fee / account holder | $78 | $55+42.7% | $9,243-99.2% | $154-49.3% |