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 | $29,320 |
LUBBOCK NATIONAL BANK2 years Service code 21 4006 82ND STREET · LUBBOCK, TX 79423 | Bank Trustee | $27,592 |
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 | $68,233 | $54,590+25.0% | $81,930-16.7% | $73,488-7.2% |
| Participation rate | 100.0% | 68.3%+31.7pp | 72.0%+28.0pp | 70.7%+29.3pp |
| Annual return | 3.74% | 17.74%-14.0pp | 29.49%-25.8pp | 28.51%-24.8pp |
| Employer contribution / active EE | $3,305 | $1,636+102.0% | $4,310-23.3% | $2,270+45.6% |
| Participant deferral / active EE | $3,943 | $2,759+42.9% | $7,107-44.5% | $3,740+5.4% |
| Admin fee / account holder | $491 | $592-17.1% | $5,158-90.5% | $513-4.4% |