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 |
|---|---|---|
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $62,187 |
Service code 49 4020 SOUTH 147TH STREET · OMAHA, NE 68137 | Other Services | $34,607 |
NATIONAL BENEFIT SERVICES, LLC3+ years Service code 15 NATIONAL BENEFIT SERVICES, LLC · WEST JORDAN, UT 840889311 | Recordkeeping | $29,436 |
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 | $44,111 | $46,173-4.5% | $170,442-74.1% | $69,631-36.7% |
| Participation rate | 47.8% | 63.9%-16.1pp | 83.6%-35.8pp | 70.7%-22.9pp |
| Annual return | 13.61% | 21.62%-8.0pp | 205.93%-192.3pp | 27571.02%-27557.4pp |
| Employer contribution / active EE | $943 | $1,610-41.4% | $5,433-82.6% | $2,032-53.6% |
| Participant deferral / active EE | $2,457 | $2,080+18.1% | $4,939-50.3% | $3,224-23.8% |
| Admin fee / account holder | $452 | $116+290.0% | $13,880-96.7% | $110+309.5% |