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 | $96,484-27.9% | $156,263-55.5% | $74,304-6.3% |
| Participation rate | 98.4% | 67.7%+30.7pp | 78.9%+19.5pp | 60.3%+38.0pp |
| Annual return | 14.69% | 17.73%-3.0pp | 59.47%-44.8pp | 29.43%-14.7pp |
| Employer contribution / active EE | $0 | $2,528-100.0% | $4,333-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $5,455 | $4,286+27.3% | $6,158-11.4% | $3,767+44.8% |
| Admin fee / account holder | $312 | $3,728-91.6% | $14,255-97.8% | $2,969-89.5% |