Filed December 29, 2011 (most recent of 4 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 |
|---|---|---|
Filed as: FIDELITY INV. INST. OPS. CO., INC. Service code 37 · EIN 04-2647786 | Loan Processing | $2,260,394 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO BANK, N.A. TRUST OPS Service code 28 P.O. BOX 1517 · MINNEAPOLIS, MN 554801517 | Investment Management | $138,871 |
SYSCO CORPORATION2+ years Service code 14 · EIN 74-1648137 | Plan Administrator | $60,912 |
ADP BROKER-DEALER2+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $41,766 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | GALLIARD CAPITAL MANAGEMENT, INC. | INVESTMENT MANAGER POTENTIAL VIOLATION OF ERISA 406(B)(1) INVOLVING AN EXTENSION OF CREDIT AS THE RESULT OF A BOND PURCHASE | — | $100K |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $60,265 | $79,480-24.2% | $108,582-44.5% | $329,111-81.7% |
| Participation rate | 94.2% | 72.0%+22.2pp | 79.6%+14.6pp | 67.9%+26.3pp |
| Annual return | 7.44% | 18.07%-10.6pp | -51.70%+59.1pp | 16.35%-8.9pp |
| Employer contribution / active EE | $3,405 | $2,317+47.0% | $3,758-9.4% | $2,303+47.8% |
| Participant deferral / active EE | $3,862 | $3,243+19.1% | $4,311-10.4% | $3,682+4.9% |
| Admin fee / account holder | $56 | $68-17.6% | $7,645-99.3% | $754-92.6% |