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.
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,895 | $36,904+92.1% | $158,223-55.2% | $65,191+8.8% |
| Participation rate | 42.4% | 62.1%-19.7pp | 79.2%-36.8pp | 63.0%-20.6pp |
| Annual return | 10.25% | 24.43%-14.2pp | 52.09%-41.8pp | 51.24%-41.0pp |
| Employer contribution / active EE | $1,424 | $1,489-4.4% | $4,109-65.3% | $2,400-40.7% |
| Participant deferral / active EE | $4,191 | $1,936+116.5% | $5,467-23.3% | $2,671+56.9% |
| Admin fee / account holder | $309 | $793-61.0% | $16,047-98.1% | $907-65.9% |