Filed January 13, 2016 (most recent of 2 filings on file)
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 |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $72,293 |
HICKS PENSION SERVICES9 years Filed as: HICKS PENSION SERVICES SLO Service code 15 · EIN 77-0155091 555 CHORRO STREET · SAN LUIS OBISPO, CA 93405 | Recordkeeping | $4,620 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $0 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,895 | $46,464+52.6% | $150,298-52.8% | $79,634-11.0% |
| Participation rate | 42.4% | 57.0%-14.6pp | 77.8%-35.4pp | 62.5%-20.1pp |
| Annual return | 10.25% | 27.89%-17.6pp | 62.79%-52.5pp | 36.46%-26.2pp |
| Employer contribution / active EE | $1,424 | $1,512-5.8% | $4,154-65.7% | $2,529-43.7% |
| Participant deferral / active EE | $4,191 | $2,157+94.3% | $5,453-23.1% | $3,835+9.3% |
| Admin fee / account holder | $309 | $891-65.3% | $14,116-97.8% | $1,002-69.2% |