Filed October 17, 2008 (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 |
|---|---|---|
Filed as: FIRST INTERSTATE BANK OF COMMERCE Service code 27 · EIN 81-6023169 | Advisory (Plan) | $30,988 |
Service code 37 · EIN 04-2647786 | Loan Processing | $22,456 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $92,362 | $72,607+27.2% | $90,749+1.8% | $66,914+38.0% |
| Participation rate | 96.3% | 73.7%+22.6pp | 75.7%+20.6pp | 69.8%+26.5pp |
| Annual return | -21.05% | -12.28%-8.8pp | -12.16%-8.9pp | 1.58%-22.6pp |
| Employer contribution / active EE | $3,362 | $2,369+41.9% | $2,921+15.1% | $2,544+32.1% |
| Participant deferral / active EE | $5,325 | $3,977+33.9% | $4,564+16.7% | $4,237+25.7% |
| Admin fee / account holder | $334 | $707-52.8% | $8,445-96.0% | $593-43.7% |