Filed October 2, 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 |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK2+ years Service code 27 RETIREMENT PLAN CONSULTING · WALTHAM, MA 024533483 | Advisory (Plan) | $18,009 |
UNIGLOBAL PENSION PLANNING, INC.2+ years Filed as: UNIGLOBAL PENSION PLANNING INC Service code 13 10432 BALLS FORD ROAD STE 100 · MANASSAS, VA 20109 | Contract Administrator | $5,751 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,600 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $28,856 | $76,552-62.3% | $123,892-76.7% | $62,891-54.1% |
| Participation rate | 58.1% | 73.0%-14.8pp | 81.4%-23.3pp | 69.3%-11.2pp |
| Annual return | 7.34% | 18.68%-11.3pp | 47.52%-40.2pp | 20.14%-12.8pp |
| Employer contribution / active EE | $660 | $2,883-77.1% | $4,617-85.7% | $2,281-71.0% |
| Participant deferral / active EE | $3,265 | $4,840-32.5% | $5,984-45.4% | $3,203+1.9% |
| Admin fee / account holder | $42 | $4,826-99.1% | $8,357-99.5% | $4,296-99.0% |