Filed July 1, 2012
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 |
|---|---|---|
WESTWOOD8+ years Service code 21 · EIN 37-1491886 | Bank Trustee | $69,517 |
Filed as: BENEFIT PLANS, INC. Service code 12 · EIN 47-0617162 | Claims processing | $10,000 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $149,542 | $56,423+165.0% | $77,163+93.8% | $71,457+109.3% |
| Participation rate | 100.0% | 64.3%+35.7pp | 69.6%+30.4pp | 67.9%+32.1pp |
| Annual return | 3.69% | 19.05%-15.4pp | 37.87%-34.2pp | 28.85%-25.2pp |
| Employer contribution / active EE | $7,556 | $1,866+304.9% | $2,535+198.1% | $2,588+192.0% |
| Participant deferral / active EE | $0 | $3,142-100.0% | $3,833-100.0% | $4,289-100.0% |
| Admin fee / account holder | $627 | $1,429-56.1% | $5,472-88.5% | $1,587-60.5% |