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 |
|---|---|---|
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $51,969 |
Service code 49 4020 SOUTH 147TH STREET · OMAHA, NE 68137 | Other Services | $36,965 |
NATIONAL BENEFIT SERVICES, LLC2+ years Service code 15 NATIONAL BENEFIT SERVICES, LLC · WEST JORDAN, UT 840889311 | Recordkeeping | $26,634 |
NATIONWIDE1 year Filed as: NATINOWIDE Service code 15 | Recordkeeping | $7,074 |
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.)
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 | $39,065 | $36,916+5.8% | $156,549-75.0% | $57,658-32.2% |
| Participation rate | 47.5% | 63.4%-16.0pp | 84.0%-36.6pp | 70.2%-22.8pp |
| Annual return | 7.86% | 12.38%-4.5pp | 32.23%-24.4pp | 5.13%+2.7pp |
| Employer contribution / active EE | $902 | $1,571-42.6% | $5,501-83.6% | $1,974-54.3% |
| Participant deferral / active EE | $2,182 | $1,926+13.3% | $4,871-55.2% | $3,061-28.7% |
| Admin fee / account holder | $432 | $82+423.8% | $13,027-96.7% | $95+357.1% |