Filed July 21, 2006
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 |
|---|---|---|
PAYCHEX, INC.1 year Filed as: PAYCHEX INC Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $32,195 |
Service code 27 | Advisory (Plan) | $24,639 |
Filed as: ERISA FIDUCIARY SERVICES, INC Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $8,510 |
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.
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 | $18,898 | $48,669-61.2% | $93,654-79.8% | $199,768-90.5% |
| Participation rate | 37.7% | 63.7%-26.0pp | 68.7%-31.0pp | 72.0%-34.3pp |
| Annual return | 15.57% | 15.38%+0.2pp | 133.34%-117.8pp | 34.26%-18.7pp |
| Employer contribution / active EE | $208 | $1,137-81.7% | $2,421-91.4% | $3,037-93.2% |
| Participant deferral / active EE | $573 | $2,823-79.7% | $4,413-87.0% | $5,090-88.7% |
| Admin fee / account holder | $105 | $195-46.3% | $8,282-98.7% | $269-61.1% |