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 | $11,674 |
HANSON & CO. CPAS1 year Service code 10 · EIN 84-1046243 | Accounting | $9,000 |
NEWPORT GROUP, INC.6+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Custodial (other than securities); Fl... | $1,915 |
Service code 12 · EIN 84-1477138 | Claims processing; Recordkeeping and ... | $1,663 |
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.)
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 | $67,393 | $91,552-26.4% | $133,956-49.7% | $79,858-15.6% |
| Participation rate | 34.7% | 73.3%-38.6pp | 79.8%-45.1pp | 69.6%-34.9pp |
| Annual return | 11.56% | 61.85%-50.3pp | 45.09%-33.5pp | 31.71%-20.2pp |
| Employer contribution / active EE | $0 | $2,384-100.0% | $3,919-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,441 | $3,733-34.6% | $5,048-51.6% | $3,740-34.7% |
| Admin fee / account holder | $307 | $6,321-95.1% | $8,927-96.6% | $5,306-94.2% |