Filed June 25, 1990
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 |
|---|---|---|
FORTUNE 360 GROUP, LLC2 years Filed as: FORTUNE 360 GROUP LLC Service code 26 8211 W BROWARD BLVD. · PLANTATION, FL 33324 | Advisory (Participants) | $11,881 |
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969 | Contract Administrator | $8,768 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,243 | $49,451-69.2% | $79,550-80.8% | $66,914-77.2% |
| Participation rate | 82.2% | 61.3%+20.9pp | 69.5%+12.7pp | 69.8%+12.4pp |
| Annual return | 2.85% | 84.25%-81.4pp | 0.16%+2.7pp | 1.58%+1.3pp |
| Employer contribution / active EE | $176 | $1,266-86.1% | $2,413-92.7% | $2,544-93.1% |
| Participant deferral / active EE | $3,346 | $3,159+5.9% | $3,985-16.0% | $4,237-21.0% |
| Admin fee / account holder | $106 | $595-82.2% | $6,832-98.5% | $593-82.2% |