Filed June 28, 2006 (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 |
|---|---|---|
FIRST CLEARING LLC1 year Service code 55 · EIN 23-2384840 | Other Commissions | $13,211 |
Service code 37 · EIN 04-2647786 | Loan Processing | $8,625 |
Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 61 · EIN 04-3523567 | Finders' fees / placement fees | $4,098 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $28,567 | $50,106-43.0% | $70,014-59.2% | $57,658-50.5% |
| Participation rate | 34.4% | 70.9%-36.5pp | 71.8%-37.4pp | 70.2%-35.9pp |
| Annual return | 15.79% | 14.58%+1.2pp | 12.99%+2.8pp | 5.13%+10.7pp |
| Employer contribution / active EE | $268 | $1,739-84.6% | $2,338-88.5% | $1,974-86.4% |
| Participant deferral / active EE | $1,605 | $2,486-35.4% | $2,931-45.2% | $3,061-47.6% |
| Admin fee / account holder | $78 | $89-12.1% | $4,380-98.2% | $95-17.1% |