Filed November 3, 2013
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: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $35,775 |
SILVERSTONE ASSET MANAGEMENT INC1+ years Filed as: SILVERSTONE ASSET MANAGEMENT, INC. Service code 27 · EIN 20-1113894 | Advisory (Plan) | $18,915 |
UNIVERSAL MAILING SERVICE1+ years Filed as: UNIVERSAL RETIREMENT SOLUTIONS, INC Service code 13 8009 34TH AVE SOUTH · BLOOMINGTON, MN 55425 | Contract Administrator | $4,462 |
UNIVERSAL MAILING SERVICE1+ years Filed as: UNIVERSAL RETIREMENT SOLUTIONS Service code 13 | Contract Administrator | $3,997 |
AXA EQUITABLE LIFE INSURANCE CO1+ years Filed as: AXA EQUITABLE LIFE INSURANCE COMPAN Service code 25 · EIN 13-5570651 | Directed Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,320 | $51,769+12.7% | $57,343+1.7% | $52,331+11.4% |
| Participation rate | 55.2% | 75.2%-20.0pp | 75.1%-19.8pp | 68.1%-12.9pp |
| Annual return | 1.09% | 2.43%-1.3pp | 24.39%-23.3pp | 4.54%-3.5pp |
| Employer contribution / active EE | $1,098 | $2,335-53.0% | $2,689-59.2% | $1,882-41.6% |
| Participant deferral / active EE | $2,069 | $2,794-25.9% | $3,162-34.6% | $3,022-31.5% |
| Admin fee / account holder | $351 | $295+19.0% | $3,356-89.5% | $592-40.7% |