Filed January 5, 2013
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 |
|---|---|---|
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $10,251 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS Service code 99 · EIN 34-1542819 | Other Fees | $1,265 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,260 | $50,464+78.9% | $75,781+19.1% | $52,331+72.5% |
| Participation rate | 33.7% | 66.8%-33.0pp | 75.8%-42.1pp | 68.1%-34.4pp |
| Annual return | 0.64% | 1.03%-0.4pp | 9.68%-9.0pp | 4.54%-3.9pp |
| Employer contribution / active EE | $141 | $1,988-92.9% | $3,323-95.8% | $1,882-92.5% |
| Participant deferral / active EE | $1,562 | $2,570-39.2% | $3,651-57.2% | $3,022-48.3% |
| Admin fee / account holder | $142 | $1,103-87.1% | $5,299-97.3% | $592-75.9% |