Filed April 21, 2005
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: METLIFE INSURANCE COMPANY Service code 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277 | Recordkeeping Fees | $1,172 |
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Claims processing; Recordkeeping and ... | $99 |
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.
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 | $48,059 | $52,293-8.1% | $178,490-73.1% | $73,409-34.5% |
| Participation rate | 58.7% | 65.3%-6.7pp | 81.9%-23.2pp | 72.2%-13.5pp |
| Annual return | 8.35% | 34.75%-26.4pp | 151.07%-142.7pp | 59.29%-50.9pp |
| Employer contribution / active EE | $833 | $1,735-52.0% | $5,011-83.4% | $2,234-62.7% |
| Participant deferral / active EE | $991 | $2,332-57.5% | $5,202-81.0% | $3,805-74.0% |
| Admin fee / account holder | $4 | $127-96.9% | $13,984-100.0% | $158-97.5% |