Filed December 23, 2013 (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 84-0467907 | Recordkeeping | $147,027 |
SAGEVIEW ADVISORY GROUP, LLC1+ years Filed as: LLC MJM401K Service code 27 · EIN 86-0882983 | Advisory (Plan) | $24,000 |
CHARLES SCHWAB & CO., INC.1+ years Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB AND CO INC Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $62,471 | $72,770-14.2% | $67,652-7.7% | $55,191+13.2% |
| Participation rate | 51.3% | 78.8%-27.5pp | 75.7%-24.4pp | 69.2%-17.9pp |
| Annual return | -0.61% | -3.26%+2.7pp | 6625.04%-6625.7pp | 10.78%-11.4pp |
| Employer contribution / active EE | $1,351 | $1,769-23.7% | $2,266-40.4% | $1,899-28.9% |
| Participant deferral / active EE | $2,889 | $3,408-15.2% | $3,560-18.8% | $3,046-5.2% |
| Admin fee / account holder | $200 | $79+154.1% | $4,821-95.8% | $91+120.6% |