Filed May 22, 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 |
|---|---|---|
NATIONWIDE3+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Contract Administrator | $17,497 |
Filed as: SUMMIT BENEFIT ACTUARIAL SRVS Service code 11 · EIN 93-1098102 PO BOX 10108 · EUGENE, OR 97440 | Actuarial | $5,046 |
Filed as: VOYA FINANCIAL ADVSIORS, INC. Service code 28 699 WALNUT ST · DES MOINES, IA 503092803 | Investment Management | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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).
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 | $17,664 | $43,411-59.3% | $94,993-81.4% | $69,631-74.6% |
| Participation rate | 15.0% | 64.4%-49.4pp | 73.9%-58.9pp | 70.7%-55.7pp |
| Annual return | 14.11% | 22.54%-8.4pp | 27.12%-13.0pp | 27571.02%-27556.9pp |
| Employer contribution / active EE | $185 | $1,202-84.6% | $2,603-92.9% | $2,032-90.9% |
| Participant deferral / active EE | $344 | $2,384-85.6% | $3,317-89.6% | $3,224-89.3% |
| Admin fee / account holder | $43 | $87-50.4% | $4,960-99.1% | $110-60.8% |