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 | $77,697 |
INDEPENDENT FINANCIAL GROUP LLC3+ years Service code 27 4340 REDWOOD HWY STE A-23 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $15,868 |
Service code 13 PO BOX 13928 · SAN JUAN, PR 00908 | Contract Administrator | $2,736 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $5,455 | $43,717-87.5% | $81,478-93.3% | $77,958-93.0% |
| Participation rate | 54.7% | 42.5%+12.2pp | 68.0%-13.3pp | 71.6%-16.9pp |
| Annual return | 15.14% | 23.83%-8.7pp | 38.78%-23.6pp | 20.87%-5.7pp |
| Employer contribution / active EE | $92 | $919-90.0% | $2,568-96.4% | $2,310-96.0% |
| Participant deferral / active EE | $342 | $1,783-80.8% | $3,537-90.3% | $3,537-90.3% |
| Admin fee / account holder | $127 | $108+18.1% | $4,561-97.2% | $97+30.9% |