Filed December 27, 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 |
|---|---|---|
Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085 150 N COLLEGE ST · CHARLOTTE, NC 28255 | Advisory (Participants) | $33,382 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346 320 PARK AVE · BUFFALO, NY 142010600 | Recordkeeping | $1,034 |
Filed as: PENSION INVESTORS Service code 13 · EIN 59-1558855 220 E CENTRAL PKWY #3040 · ALTAMONTE SPRINGS, FL 32701 | Contract Administrator | $875 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,681 | $50,982+24.9% | $154,803-58.9% | $85,563-25.6% |
| Participation rate | 31.8% | 59.8%-28.0pp | 78.1%-46.3pp | 66.0%-34.2pp |
| Annual return | 10.77% | 30.35%-19.6pp | 58.88%-48.1pp | 31.51%-20.7pp |
| Employer contribution / active EE | $863 | $1,708-49.5% | $4,305-80.0% | $2,654-67.5% |
| Participant deferral / active EE | $2,140 | $2,474-13.5% | $5,540-61.4% | $4,375-51.1% |
| Admin fee / account holder | $346 | $846-59.1% | $14,329-97.6% | $834-58.5% |