Filed February 23, 2016
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: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $46,852 |
INDEPENDENT FINANCIAL GROUP LLC1+ years Service code 55 4340 REDWOOD HWY STE A-23 · SAN RAFAEL, CA 94903 | Other Commissions | $11,282 |
Service code 13 PO BOX 13928 · SAN JUAN, PR 00908 | Contract Administrator | $1,985 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $3,744 | $27,330-86.3% | $67,711-94.5% | $55,191-93.2% |
| Participation rate | 63.7% | 47.5%+16.2pp | 67.5%-3.8pp | 69.2%-5.4pp |
| Annual return | -4.40% | 8.81%-13.2pp | 25.41%-29.8pp | 10.78%-15.2pp |
| Employer contribution / active EE | $103 | $855-87.9% | $2,559-96.0% | $1,899-94.6% |
| Participant deferral / active EE | $386 | $1,709-77.4% | $3,585-89.2% | $3,046-87.3% |
| Admin fee / account holder | $76 | $109-30.1% | $4,255-98.2% | $91-15.9% |