Filed December 8, 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $43,419 |
LEGACY PROFESSIONALS LLP4 years Filed as: LEGACY ASSET MANAGEMENT INC Service code 27 · EIN 76-0574055 | Advisory (Plan) | $17,252 |
BRIGGS & VESELKA CO.3 years Service code 10 · EIN 74-1769118 | Accounting | $13,650 |
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $10,694 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported that benefits due were not provided when due.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $140,188 | $70,879+97.8% | $189,557-26.0% | $79,386+76.6% |
| Participation rate | 95.3% | 68.0%+27.3pp | 78.4%+16.9pp | 70.7%+24.6pp |
| Annual return | 13.23% | 20.70%-7.5pp | 64.17%-50.9pp | 116.85%-103.6pp |
| Employer contribution / active EE | $2,407 | $1,806+33.2% | $4,412-45.5% | $2,427-0.9% |
| Participant deferral / active EE | $6,788 | $4,081+66.3% | $6,174+9.9% | $4,046+67.8% |
| Admin fee / account holder | $335 | $647-48.3% | $9,807-96.6% | $626-46.6% |