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 |
|---|---|---|
WESTWOOD9+ years Service code 21 · EIN 37-1491886 | Bank Trustee | $80,617 |
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 | $168,613 | $62,127+171.4% | $81,382+107.2% | $74,495+126.3% |
| Participation rate | 98.7% | 64.0%+34.6pp | 69.5%+29.2pp | 67.2%+31.5pp |
| Annual return | 10.01% | 16.48%-6.5pp | 24.73%-14.7pp | 1364.94%-1354.9pp |
| Employer contribution / active EE | $11,936 | $1,882+534.1% | $2,463+384.6% | $2,623+355.0% |
| Participant deferral / active EE | $0 | $3,229-100.0% | $3,883-100.0% | $4,346-100.0% |
| Admin fee / account holder | $1,342 | $1,934-30.6% | $5,768-76.7% | $1,942-30.9% |