Filed February 9, 1999
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: FULTON BANK, N.A. Service code 15 · EIN 23-1928421 | Recordkeeping | $99,943 |
Service code 10 · EIN 52-2334868 | Accounting | $7,950 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $21,229 | $41,467-48.8% | $67,313-68.5% | $55,725-61.9% |
| Participation rate | 68.8% | 62.5%+6.3pp | 69.1%-0.3pp | 70.9%-2.1pp |
| Annual return | -6.15% | 0.82%-7.0pp | -4.08%-2.1pp | 244.93%-251.1pp |
| Employer contribution / active EE | $306 | $1,316-76.8% | $2,566-88.1% | $2,078-85.3% |
| Participant deferral / active EE | $1,029 | $2,399-57.1% | $3,568-71.2% | $3,356-69.3% |
| Admin fee / account holder | $92 | $102-9.8% | $4,507-98.0% | $115-20.0% |