Filed June 8, 2009
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 LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $11,700 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,728 | $50,106-84.6% | $70,014-89.0% | $57,658-86.6% |
| Participation rate | 50.7% | 70.9%-20.1pp | 71.8%-21.1pp | 70.2%-19.5pp |
| Annual return | 2.61% | 14.58%-12.0pp | 12.99%-10.4pp | 5.13%-2.5pp |
| Employer contribution / active EE | $457 | $1,739-73.7% | $2,338-80.5% | $1,974-76.8% |
| Participant deferral / active EE | $913 | $2,486-63.3% | $2,931-68.8% | $3,061-70.2% |
| Admin fee / account holder | $33 | $89-63.2% | $4,380-99.2% | $95-65.2% |