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 | $604,873 |
COMMONWEALTH FINANCIAL NETWORK3+ 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 | $101,779 | $83,812+21.4% | $123,544-17.6% | $68,904+47.7% |
| Participation rate | 100.0% | 77.0%+23.0pp | 82.3%+17.7pp | 74.1%+25.9pp |
| Annual return | -1.98% | 0.60%-2.6pp | 119.20%-121.2pp | 1.07%-3.0pp |
| Employer contribution / active EE | $3,125 | $2,924+6.9% | $4,628-32.5% | $2,540+23.0% |
| Participant deferral / active EE | $6,436 | $5,609+14.7% | $6,426+0.2% | $4,015+60.3% |
| Admin fee / account holder | $98 | $65+50.8% | $9,284-98.9% | $71+37.2% |