Filed August 14, 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 |
|---|---|---|
JANNEY MONTGOMERY SCOTT LLC8+ years Service code 27 · EIN 23-0731260 | Advisory (Plan) | $51,452 |
Service code 37 · EIN 04-2647786 | Loan Processing | $25,841 |
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 | $106,388 | $63,442+67.7% | $68,791+54.7% | $66,914+59.0% |
| Participation rate | 83.4% | 60.0%+23.5pp | 69.0%+14.4pp | 69.8%+13.6pp |
| Annual return | -15.53% | -8.29%-7.2pp | -6.38%-9.2pp | 1.58%-17.1pp |
| Employer contribution / active EE | $4,528 | $1,775+155.1% | $2,655+70.6% | $2,544+78.0% |
| Participant deferral / active EE | $7,734 | $2,945+162.7% | $3,941+96.2% | $4,237+82.5% |
| Admin fee / account holder | $437 | $577-24.4% | $4,932-91.1% | $593-26.4% |