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 |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $200 |
ASCENSUS LLC6 years Service code 15 · EIN 11-3665754 | Recordkeeping | $0 |
HARDY REED LLC2 years Filed as: THE HARDY GROUP Service code 50 350 INDUSTRIAL DR · BIRMINGTON, AL 35211 | Direct Payment | $0 |
Service code 10 · EIN 82-3217974 | Accounting | $0 |
WELLS FARGO BANK, N.A.9+ years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 23-2384840 | Advisory (Plan) | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,973 | $76,670-17.9% | $96,683-34.9% | $71,457-11.9% |
| Participation rate | 49.4% | 66.6%-17.2pp | 74.3%-24.9pp | 67.9%-18.5pp |
| Annual return | 16.01% | 48.29%-32.3pp | 35.69%-19.7pp | 28.85%-12.8pp |
| Employer contribution / active EE | $154 | $3,031-94.9% | $3,737-95.9% | $2,588-94.0% |
| Participant deferral / active EE | $1,962 | $3,771-48.0% | $4,878-59.8% | $4,289-54.3% |
| Admin fee / account holder | $247 | $2,028-87.8% | $6,730-96.3% | $1,587-84.4% |