Filed May 6, 2010
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 |
|---|---|---|
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $128,546 |
NATIONAL BENEFIT SERVICES, LLC1+ years Service code 15 NATIONAL BENEFIT SERVICES, LLC · WEST JORDAN, UT 840889311 | Recordkeeping | $27,233 |
Service code 49 4020 SOUTH 147TH STREET · OMAHA, NE 68137 | Other Services | $25,632 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $36,591 | $37,117-1.4% | $147,614-75.2% | $55,191-33.7% |
| Participation rate | 52.7% | 63.6%-10.9pp | 84.6%-32.0pp | 69.2%-16.5pp |
| Annual return | -2.09% | 3.44%-5.5pp | 61.98%-64.1pp | 10.78%-12.9pp |
| Employer contribution / active EE | $903 | $1,620-44.3% | $5,564-83.8% | $1,899-52.4% |
| Participant deferral / active EE | $2,225 | $1,985+12.0% | $4,895-54.6% | $3,046-27.0% |
| Admin fee / account holder | $401 | $86+368.6% | $11,611-96.5% | $91+341.7% |