Filed October 18, 2004
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 & COMPANY SECURITIES INC Service code 27 · EIN 45-3709458 | Advisory (Plan) | $28,202 |
Service code 37 · EIN 04-2647786 | Loan Processing | $27,482 |
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.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,645 | $26,549+154.8% | $61,373+10.2% | $66,914+1.1% |
| Participation rate | 39.0% | 38.1%+0.9pp | 52.6%-13.5pp | 69.8%-30.8pp |
| Annual return | -15.87% | -16.21%+0.3pp | 338.61%-354.5pp | 1.58%-17.4pp |
| Employer contribution / active EE | $970 | $651+49.0% | $1,159-16.3% | $2,544-61.9% |
| Participant deferral / active EE | $2,047 | $1,338+53.0% | $2,125-3.7% | $4,237-51.7% |
| Admin fee / account holder | $374 | $409-8.4% | $2,130-82.4% | $593-36.9% |