Filed May 9, 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 |
|---|---|---|
SUMMIT FINANCIAL ADVISORS1+ years Service code 26 29 DISCOVERY DR. · BUTTE, MT 59701 | Advisory (Participants) | $1,647 |
Service code 12 · EIN 84-1477138 | Participant loan processing; Sub-tran... | $50 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $51,824 | $36,916+40.4% | $156,549-66.9% | $57,658-10.1% |
| Participation rate | 33.9% | 63.4%-29.5pp | 84.0%-50.1pp | 70.2%-36.3pp |
| Annual return | 0.97% | 12.38%-11.4pp | 32.23%-31.3pp | 5.13%-4.2pp |
| Employer contribution / active EE | $776 | $1,571-50.6% | $5,501-85.9% | $1,974-60.7% |
| Participant deferral / active EE | $1,172 | $1,926-39.1% | $4,871-75.9% | $3,061-61.7% |
| Admin fee / account holder | $8 | $82-90.9% | $13,027-99.9% | $95-92.1% |