Filed December 22, 2011 (most recent of 2 filings on file)
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 |
|---|---|---|
GLOBAL RETIREMENT PARTNERS LLC6+ years Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 47-1411118 | Advisory (Participants) | $18,433 |
Service code 37 · EIN 35-0145825 | Loan Processing | $12,775 |
Filed as: MASSMUTUAL LIFE INSURANCE CO Service code 15 · EIN 04-1590850 | Recordkeeping | $205 |
Service code 64 · EIN 13-5581829 | Recordkeeping Fees | $160 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $50,251 | $52,293-3.9% | $178,490-71.8% | $73,409-31.5% |
| Participation rate | 27.5% | 65.3%-37.8pp | 81.9%-54.4pp | 72.2%-44.6pp |
| Annual return | 12.79% | 34.75%-22.0pp | 151.07%-138.3pp | 59.29%-46.5pp |
| Employer contribution / active EE | $292 | $1,735-83.2% | $5,011-94.2% | $2,234-86.9% |
| Participant deferral / active EE | $872 | $2,332-62.6% | $5,202-83.2% | $3,805-77.1% |
| Admin fee / account holder | $198 | $127+55.3% | $13,984-98.6% | $158+25.3% |