Filed April 18, 2014
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $74,219 |
FIRST TENNESSEE BANK3 years Filed as: FIRST HORIZONS ADVISORS Service code 27 | Advisory (Plan) | $47,346 |
FIRST HORIZON ADVISORS INC3 years Filed as: FIRST HORIZON ADVISORS Service code 27 · EIN 62-1254528 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $69,611 | $91,760-24.1% | $156,181-55.4% | $67,986+2.4% |
| Participation rate | 98.4% | 65.0%+33.3pp | 78.8%+19.5pp | 57.2%+41.2pp |
| Annual return | 14.69% | 18.14%-3.5pp | 64.87%-50.2pp | 31.67%-17.0pp |
| Employer contribution / active EE | $0 | $2,419-100.0% | $4,294-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $5,455 | $3,960+37.7% | $6,132-11.0% | $3,358+62.4% |
| Admin fee / account holder | $312 | $3,949-92.1% | $14,586-97.9% | $3,203-90.3% |