Filed May 17, 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 13 · EIN 42-0127290 | Contract Administrator | $285,745 |
NOVA 401(K) ASSOCIATES3 years Service code 13 · EIN 20-1181458 | Contract Administrator | $67,606 |
Filed as: GALLAGHER FIDUCIARY ADVI Service code 27 · EIN 36-4291971 | Advisory (Plan) | $22,470 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,236 | $52,224-26.8% | $88,946-57.0% | $102,872-62.8% |
| Participation rate | 40.7% | 40.8%0pp | 68.8%-28.1pp | 73.0%-32.3pp |
| Annual return | 18.79% | 16.96%+1.8pp | 57.82%-39.0pp | 19.06%-0.3pp |
| Employer contribution / active EE | $708 | $1,241-43.0% | $2,555-72.3% | $3,526-79.9% |
| Participant deferral / active EE | $2,195 | $2,611-16.0% | $4,581-52.1% | $5,535-60.3% |
| Admin fee / account holder | $88 | $1,723-94.9% | $8,261-98.9% | $292-69.8% |