Filed June 27, 2005
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: PHILLIPS CAPITAL Service code 17 1610 WYNKOOP STREET · DENVER, CO 80202 | Pension Consulting | $9,509 |
Service code 10 · EIN 84-0606484 | Accounting | $9,500 |
Service code 12 · EIN 84-1477138 | Direct payment from the plan; Recordk... | $3,897 |
NEWPORT GROUP, INC.4+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Direct payment from the plan; Custodi... | $2,320 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $45,349 | $66,302-31.6% | $110,238-58.9% | $56,287-19.4% |
| Participation rate | 45.3% | 74.9%-29.6pp | 79.8%-34.5pp | 69.9%-24.5pp |
| Annual return | -1.57% | -1.18%-0.4pp | 314.74%-316.3pp | -9.96%+8.4pp |
| Employer contribution / active EE | $303 | $2,047-85.2% | $3,826-92.1% | $2,111-85.6% |
| Participant deferral / active EE | $2,474 | $3,381-26.8% | $4,672-47.1% | $3,350-26.2% |
| Admin fee / account holder | $293 | $698-58.0% | $8,547-96.6% | $521-43.7% |