Filed November 19, 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 |
|---|---|---|
THE FINWAY GROUP1 year Filed as: THE FINWAY GROUP LLC Service code 13 5625 MILLS CIVIC PKWY · WEST DES MOINES, IA 50266 | Contract Administrator | $22,500 |
Service code 27 703 GREEN VALLEY RD · GREENSBORO, NC 27408 | Advisory (Plan) | $11,596 |
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.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $65,482 | $91,407-28.4% | $135,903-51.8% | $71,457-8.4% |
| Participation rate | 93.9% | 75.7%+18.3pp | 81.9%+12.0pp | 67.9%+26.0pp |
| Annual return | 14.29% | 29.90%-15.6pp | 68.23%-53.9pp | 28.85%-14.6pp |
| Employer contribution / active EE | $3,472 | $3,703-6.2% | $4,856-28.5% | $2,588+34.2% |
| Participant deferral / active EE | $6,025 | $7,092-15.0% | $7,758-22.3% | $4,289+40.5% |
| Admin fee / account holder | $319 | $1,266-74.8% | $10,762-97.0% | $1,587-79.9% |