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 | $50,982+39.1% | $154,803-54.2% | $85,563-17.1% |
| Participation rate | 42.4% | 59.8%-17.4pp | 78.1%-35.7pp | 66.0%-23.6pp |
| Annual return | 10.25% | 30.35%-20.1pp | 58.88%-48.6pp | 31.51%-21.3pp |
| Employer contribution / active EE | $1,424 | $1,708-16.7% | $4,305-66.9% | $2,654-46.3% |
| Participant deferral / active EE | $4,191 | $2,474+69.4% | $5,540-24.4% | $4,375-4.2% |
| Admin fee / account holder | $309 | $846-63.5% | $14,329-97.8% | $834-63.0% |