Filed December 29, 1992
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: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696 | Recordkeeping | $27,899 |
LUBBOCK NATIONAL BANK1 year Service code 21 4006 82ND STREET · LUBBOCK, TX 79423 | Bank Trustee | $26,472 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $54,875 | $50,666+8.3% | $76,817-28.6% | $65,185-15.8% |
| Participation rate | 100.0% | 68.8%+31.2pp | 72.1%+27.9pp | 70.2%+29.8pp |
| Annual return | 4.98% | 28.51%-23.5pp | 1166.11%-1161.1pp | 29.38%-24.4pp |
| Employer contribution / active EE | $3,090 | $1,575+96.2% | $2,302+34.2% | $2,177+42.0% |
| Participant deferral / active EE | $3,654 | $2,647+38.1% | $3,336+9.5% | $3,514+4.0% |
| Admin fee / account holder | $406 | $463-12.4% | $6,420-93.7% | $847-52.1% |