Filed November 14, 2008 (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 |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $107,526 |
Service code 27 · EIN 61-1758632 | Advisory (Plan) | $44,106 |
Filed as: PENSIONMARK SECURITIES LLC Service code 49 · EIN 81-2334025 | Other Services | $12,268 |
Filed as: RETIREMENT PLAN SOLUTIONS Service code 49 · EIN 30-0337628 | Other Services | $11,563 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $177,279 | $121,341+46.1% | $189,513-6.5% | $79,386+123.3% |
| Participation rate | 87.0% | 86.1%+0.9pp | 87.8%-0.8pp | 70.7%+16.3pp |
| Annual return | 17.32% | 21.08%-3.8pp | 555.15%-537.8pp | 116.85%-99.5pp |
| Employer contribution / active EE | $37 | $3,915-99.1% | $6,162-99.4% | $2,427-98.5% |
| Participant deferral / active EE | $15,518 | $6,395+142.6% | $8,221+88.8% | $4,046+283.6% |
| Admin fee / account holder | $717 | $651+10.1% | $12,045-94.0% | $626+14.4% |