Filed September 4, 2009 (most recent of 2 filings on file)
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 9-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 |
|---|---|---|
LUBBOCK NATIONAL BANK4 years Service code 21 4006 82ND STREET · LUBBOCK, TN 79423 | Bank Trustee | $89,884 |
Filed as: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696 | Recordkeeping | $56,158 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,728 | $95,274-24.7% | $135,903-47.2% | $74,419-3.6% |
| Participation rate | 49.6% | 78.2%-28.5pp | 81.9%-32.3pp | 70.7%-21.1pp |
| Annual return | 22.19% | 32.77%-10.6pp | 68.23%-46.0pp | 34.38%-12.2pp |
| Employer contribution / active EE | $1,706 | $3,874-56.0% | $4,856-64.9% | $2,637-35.3% |
| Participant deferral / active EE | $3,181 | $7,782-59.1% | $7,758-59.0% | $4,528-29.7% |
| Admin fee / account holder | $525 | $266+97.4% | $10,762-95.1% | $348+51.0% |