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 |
|---|---|---|
WESTWOOD10+ years Service code 21 · EIN 37-1491886 | Bank Trustee | $80,452 |
BENEFIT PLANS ADMIN SERVICES, INC.10+ years 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 | $179,175 | $65,561+173.3% | $91,541+95.7% | $74,304+141.1% |
| Participation rate | 98.7% | 56.6%+42.2pp | 69.8%+29.0pp | 60.3%+38.4pp |
| Annual return | 11.76% | 17.68%-5.9pp | 20.50%-8.7pp | 29.43%-17.7pp |
| Employer contribution / active EE | $8,157 | $1,717+375.1% | $2,505+225.7% | $2,241+264.0% |
| Participant deferral / active EE | $0 | $2,918-100.0% | $4,008-100.0% | $3,767-100.0% |
| Admin fee / account holder | $1,216 | $3,333-63.5% | $6,956-82.5% | $2,969-59.0% |