Filed October 10, 2012
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 27 520 KIRKLAND WAY STE 300 · KIRKLAND, WA 98033 | Advisory (Plan) | $9,039 |
Service code 13 1801 MARKET STREET · PHILADELPHAI, PA 19103 | Contract Administrator | $7,373 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $50,017 | $49,138+1.8% | $84,015-40.5% | $65,185-23.3% |
| Participation rate | 13.1% | 60.7%-47.7pp | 69.0%-55.9pp | 70.2%-57.1pp |
| Annual return | 19.14% | 23.00%-3.9pp | 71.31%-52.2pp | 29.38%-10.2pp |
| Employer contribution / active EE | $0 | $914-100.0% | $1,983-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $542 | $2,397-77.4% | $3,239-83.3% | $3,514-84.6% |
| Admin fee / account holder | $656 | $543+20.8% | $6,101-89.2% | $847-22.5% |