Filed November 29, 2001
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 |
|---|---|---|
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $52,625 |
PENSION ASSURANCE LLP3+ years Filed as: PENSION SOLUTIONS, INC. Service code 13 · EIN 73-1521434 9116 N. KELLEY AVE · OKLAHOMA CITY, OK 73131 | Contract Administrator | $8,513 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $53,300 | $51,466+3.6% | $78,778-32.3% | $62,292-14.4% |
| Participation rate | 35.7% | 59.8%-24.1pp | 69.2%-33.5pp | 69.5%-33.9pp |
| Annual return | 17.93% | 19.96%-2.0pp | 35.62%-17.7pp | 28.90%-11.0pp |
| Employer contribution / active EE | $623 | $827-24.6% | $1,986-68.6% | $2,042-69.5% |
| Participant deferral / active EE | $1,347 | $2,147-37.3% | $2,958-54.5% | $3,169-57.5% |
| Admin fee / account holder | $306 | $489-37.6% | $5,134-94.0% | $479-36.3% |