Filed January 17, 2014
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $208,781 |
Filed as: COMMONWEALTH FINANCIAL Service code 13 · EIN 04-2675571 | Contract Administrator | $64,755 |
WILSHIRE ASSOCIATES INCORPORATED6+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $134,508 | $176,491-23.8% | $95,952+40.2% | $90,288+49.0% |
| Participation rate | 93.6% | 86.6%+7.0pp | 77.1%+16.5pp | 73.4%+20.2pp |
| Annual return | 17.61% | 20.14%-2.5pp | 91.61%-74.0pp | 53.97%-36.4pp |
| Employer contribution / active EE | $1,137 | $2,789-59.2% | $2,541-55.3% | $2,524-55.0% |
| Participant deferral / active EE | $7,421 | $5,340+39.0% | $4,167+78.1% | $4,232+75.3% |
| Admin fee / account holder | $192 | $154+24.5% | $6,795-97.2% | $114+68.2% |