Filed July 8, 2019 (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 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 13 · EIN 06-1050034 | Contract Administrator | $23,224 |
Filed as: GALLAGHER BENEFIT SERVICES, INC. Service code 27 · EIN 36-4291971 | Advisory (Plan) | $17,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $7,445,845 | $45,382+16307.2% | $154,107+4731.6% | $75,289+9789.7% |
| Participation rate | 0.0% | 65.9%-65.9pp | 83.0%-83.0pp | 72.4%-72.4pp |
| Annual return | -6.77% | -0.47%-6.3pp | 735.12%-741.9pp | -0.04%-6.7pp |
| Employer contribution / active EE | $3,870 | $1,533+152.5% | $5,298-26.9% | $2,405+60.9% |
| Participant deferral / active EE | $6,040 | $2,384+153.3% | $5,081+18.9% | $3,739+61.5% |
| Admin fee / account holder | $8,692 | $89+9631.5% | $13,411-35.2% | $102+8396.9% |