Filed July 9, 2010
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.
| Provider | Service type | Compensation |
|---|---|---|
BANCO POPULAR DE PUERTO RICO4+ years Service code 25 PO BOX 362708 · SAN JUAN, PR 009362708 | Directed Trustee | $16,410 |
MCCONNELL VALDES LLC4+ years Service code 29 270 MUNOZ RIVERA AVE · SAN JUAN, PR 00918 | Legal | $8,242 |
Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $8,046 |
WITHUMSMITH+BROWN, PC4+ years Filed as: FROST BROWN TODD, LLC Service code 29 PO BOX 5716 · CINCINNATI, OH 452015716 | Legal | $204 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,361 | $47,977-78.4% | $154,110-93.3% | $56,289-81.6% |
| Participation rate | 38.3% | 66.2%-27.8pp | 83.0%-44.7pp | 69.9%-31.5pp |
| Annual return | -1.68% | 3.54%-5.2pp | 735.22%-736.9pp | -9.96%+8.3pp |
| Employer contribution / active EE | $257 | $2,169-88.2% | $5,298-95.2% | $2,111-87.8% |
| Participant deferral / active EE | $326 | $2,392-86.4% | $5,081-93.6% | $3,350-90.3% |
| Admin fee / account holder | $313 | $438-28.5% | $13,412-97.7% | $521-39.9% |