Filed July 6, 2016 (most recent of 4 filings on file)
Total covered: 7 employees
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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $51,196 |
ABD RETIREMENT SERVICES INC5 years Filed as: ABD RETIREMENT SERVICES, INC. Service code 27 · EIN 80-0833114 | Advisory (Plan) | $42,761 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported that benefits due were not provided when due.
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 | $119,175 | $86,897+37.1% | $151,611-21.4% | $64,808+83.9% |
| Participation rate | 94.6% | 87.3%+7.3pp | 87.5%+7.1pp | 71.5%+23.1pp |
| Annual return | -17.93% | -3.57%-14.4pp | 3.33%-21.3pp | 32.82%-50.7pp |
| Employer contribution / active EE | $4,046 | $4,010+0.9% | $6,166-34.4% | $2,506+61.5% |
| Participant deferral / active EE | $7,801 | $6,690+16.6% | $8,363-6.7% | $4,310+81.0% |
| Admin fee / account holder | $215 | $153+40.5% | $11,616-98.2% | $188+14.4% |