Filed June 16, 2006 (most recent of 2 filings on file)
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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: WELCH HORNSBY, INC Service code 26 PO BOX 4959 · MONTGOMERY, AL 36103 | Advisory (Participants) | $88,955 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$104,051 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,537 | $45,382+35.6% | $154,110-60.1% | $75,289-18.3% |
| Participation rate | 96.5% | 65.9%+30.6pp | 83.0%+13.5pp | 72.4%+24.1pp |
| Annual return | -5.87% | -0.47%-5.4pp | 735.22%-741.1pp | -0.04%-5.8pp |
| Employer contribution / active EE | $1,431 | $1,533-6.7% | $5,298-73.0% | $2,405-40.5% |
| Participant deferral / active EE | $3,732 | $2,384+56.5% | $5,081-26.5% | $3,739-0.2% |
| Admin fee / account holder | -$3 | $89-103.1% | $13,412-100.0% | $102-102.8% |