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 | $71,979 |
Filed as: MJM 401K, LLC Service code 27 4647 N. 32ND STREET SUITE 200 · PHOENIX, AZ 85018 | Advisory (Plan) | $40,000 |
CHARLES SCHWAB & CO., INC.6+ years Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.6+ 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 | $98,814 | $79,519+24.3% | $95,952+3.0% | $73,409+34.6% |
| Participation rate | 48.2% | 81.2%-33.0pp | 77.1%-28.9pp | 72.2%-24.0pp |
| Annual return | 12.52% | 19.20%-6.7pp | 91.61%-79.1pp | 59.29%-46.8pp |
| Employer contribution / active EE | $1,525 | $2,048-25.5% | $2,541-40.0% | $2,234-31.7% |
| Participant deferral / active EE | $3,063 | $4,138-26.0% | $4,167-26.5% | $3,805-19.5% |
| Admin fee / account holder | $165 | $184-10.3% | $6,795-97.6% | $158+4.7% |