Filed January 13, 2016
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $12,122 |
Filed as: NYLIFE SECURITIES LLC Service code 49 · EIN 27-0145686 | Other Services | $7,368 |
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $19,539 | $44,873-56.5% | $79,464-75.4% | $56,287-65.3% |
| Participation rate | 79.3% | 68.7%+10.6pp | 73.3%+6.0pp | 69.9%+9.5pp |
| Annual return | -10.60% | 0.81%-11.4pp | 718.14%-728.7pp | -9.96%-0.6pp |
| Employer contribution / active EE | $1,422 | $2,140-33.5% | $2,800-49.2% | $2,111-32.6% |
| Participant deferral / active EE | $3,268 | $2,746+19.0% | $3,704-11.8% | $3,350-2.4% |
| Admin fee / account holder | $78 | $418-81.4% | $5,113-98.5% | $521-85.1% |