Filed May 5, 2005
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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.7 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $101,486 |
SUNTRUST BANKS, INC.2 years Filed as: TRUIST BANK Service code 28 · EIN 56-1074313 | Investment Management | $56,020 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,335 | $110,299-56.2% | $102,423-52.8% | $199,593-75.8% |
| Participation rate | 89.1% | 86.3%+2.9pp | 76.5%+12.7pp | 72.0%+17.2pp |
| Annual return | 13.59% | 35.73%-22.1pp | 29.32%-15.7pp | 34.25%-20.7pp |
| Employer contribution / active EE | $633 | $3,603-82.4% | $3,023-79.1% | $3,034-79.1% |
| Participant deferral / active EE | $3,500 | $6,376-45.1% | $5,053-30.7% | $5,087-31.2% |
| Admin fee / account holder | $132 | $122+7.9% | $9,451-98.6% | $269-50.9% |