Filed November 27, 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 |
|---|---|---|
MUSICK, PEELER & GARRETT1 year Filed as: MUSICK PEELER & GARRETT Service code 29 · EIN 95-1777575 | Legal | $56,149 |
VANTAGE POINT3 years Service code 34 · EIN 20-2362387 | Valuation (appraisals, etc.); Direct ... | $29,525 |
GATTO POPE2 years Service code 10 · EIN 33-0371564 | Accounting | $27,535 |
PFG1 year Service code 13 · EIN 42-0127290 | Contract Administrator | $12,554 |
Participant 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.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,485 | $73,102-63.8% | $123,544-78.6% | $56,287-52.9% |
| Participation rate | 84.1% | 74.3%+9.8pp | 82.3%+1.8pp | 69.9%+14.3pp |
| Annual return | 21.32% | 3.01%+18.3pp | 119.20%-97.9pp | -9.96%+31.3pp |
| Employer contribution / active EE | $7,561 | $2,977+154.0% | $4,628+63.4% | $2,111+258.2% |
| Participant deferral / active EE | $0 | $5,423-100.0% | $6,426-100.0% | $3,350-100.0% |
| Admin fee / account holder | $825 | $554+48.9% | $9,284-91.1% | $521+58.3% |