Filed January 28, 2013
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 |
|---|---|---|
NATIONWIDE6 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $86,741 |
DEFINITI LLC2 years Service code 99 · EIN 85-0833363 2201 TIMBERLOCH PL · THE WOODLANDS, TX 77380 | Other Fees | $33,325 |
Filed as: RAYMOND JAMES & ASSOC INC Service code 13 · EIN 59-1199408 PO BOX 14527 · ST PETERSBURG, FL 337334527 | Contract Administrator | $0 |
WELLS FARGO BANK, N.A.10+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 · EIN 34-1542819 1 N JEFFERSON AVE · SAINT LOUIS, MO 63103 | Advisory (Plan) | $0 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,763 | $41,510-66.8% | $84,966-83.8% | $99,062-86.1% |
| Participation rate | 12.8% | 35.3%-22.4pp | 67.5%-54.7pp | 71.6%-58.8pp |
| Annual return | 11.41% | 17.38%-6.0pp | 66.38%-55.0pp | 17.66%-6.3pp |
| Employer contribution / active EE | $28 | $1,137-97.6% | $2,727-99.0% | $3,262-99.1% |
| Participant deferral / active EE | $339 | $2,246-84.9% | $4,519-92.5% | $5,331-93.6% |
| Admin fee / account holder | $72 | $175-59.1% | $6,149-98.8% | $109-34.2% |