Filed June 5, 2008
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 |
|---|---|---|
LPL FINANCIAL4+ years Filed as: NEXT FINANCIAL GROUP Service code 55 · EIN 54-1900002 | Other Commissions | $102,677 |
Service code 37 · EIN 04-2647786 | Loan Processing | $33,250 |
RSM US LLP3 years Service code 10 · EIN 42-0714325 | Accounting | $14,900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $55,899 | $60,396-7.4% | $83,848-33.3% | $75,289-25.8% |
| Participation rate | 30.7% | 80.7%-50.0pp | 76.1%-45.4pp | 72.4%-41.7pp |
| Annual return | -5.64% | 3.84%-9.5pp | 850.88%-856.5pp | -0.04%-5.6pp |
| Employer contribution / active EE | $622 | $3,343-81.4% | $3,631-82.9% | $2,405-74.1% |
| Participant deferral / active EE | $1,956 | $2,922-33.1% | $4,082-52.1% | $3,739-47.7% |
| Admin fee / account holder | $66 | $141-53.3% | $5,478-98.8% | $102-35.5% |