Filed February 24, 2012 (most recent of 3 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 |
|---|---|---|
DECIMAL, INC.1+ years Service code 14 44 MONTGOMERY STREET, SUITE 3060 · SAN FRANCISCO, CA 94104 | Plan Administrator | $7,847 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $9,594 | $35,366-72.9% | $90,657-89.4% | $75,289-87.3% |
| Participation rate | 30.0% | 57.3%-27.4pp | 74.0%-44.1pp | 72.4%-42.5pp |
| Annual return | -6.55% | -2.19%-4.4pp | 1.89%-8.4pp | -0.04%-6.5pp |
| Employer contribution / active EE | $0 | $916-100.0% | $2,532-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $0 | $1,998-100.0% | $3,424-100.0% | $3,739-100.0% |
| Admin fee / account holder | $14 | $59-76.2% | $4,994-99.7% | $102-86.3% |