Filed August 27, 2008
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 |
|---|---|---|
BFSG LLC3 years Service code 27 · EIN 20-8532658 | Advisory (Plan) | $34,168 |
Service code 37 · EIN 04-2647786 | Loan Processing | $24,203 |
EIDE BAILLY LLP1 year Service code 10 · EIN 45-0250958 | Accounting | $20,055 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,871 | $148,978+10.7% | $200,582-17.8% | $84,808+94.4% |
| Participation rate | 92.2% | 84.2%+8.0pp | 86.9%+5.3pp | 68.3%+23.9pp |
| Annual return | 18.06% | 28.16%-10.1pp | 42.33%-24.3pp | 40.90%-22.8pp |
| Employer contribution / active EE | $1,425 | $4,815-70.4% | $6,419-77.8% | $2,631-45.8% |
| Participant deferral / active EE | $9,468 | $7,142+32.6% | $9,331+1.5% | $4,212+124.8% |
| Admin fee / account holder | $682 | $13,977-95.1% | $16,305-95.8% | $7,344-90.7% |