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 | $74,670 |
SAGEVIEW ADVISORY GROUP, LLC3 years Filed as: MJM401K, LLC Service code 27 4647 N. 32ND STREET SUITE 200 · PHOENIX, AZ 85018 | Advisory (Plan) | $40,000 |
CHARLES SCHWAB & CO., INC.5+ years Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB AND CO INC Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $87,356 | $73,404+19.0% | $87,100+0.3% | $67,579+29.3% |
| Participation rate | 52.6% | 80.9%-28.3pp | 76.9%-24.3pp | 71.3%-18.7pp |
| Annual return | 21.29% | 48.29%-27.0pp | 28.19%-6.9pp | 378.56%-357.3pp |
| Employer contribution / active EE | $1,489 | $2,014-26.1% | $2,521-40.9% | $2,148-30.7% |
| Participant deferral / active EE | $3,184 | $3,913-18.6% | $4,049-21.4% | $3,539-10.1% |
| Admin fee / account holder | $164 | $142+15.7% | $7,497-97.8% | $142+15.1% |