Filed May 16, 2006 (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.
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL Service code 14 · EIN 42-0127290 | Plan Administrator | $45,211 |
Filed as: CBIZ MHM LLC Service code 49 · EIN 43-1947695 | Other Services | $10,200 |
GREATBANC TRUST COMPANY2 years Filed as: GREATBANC Service code 24 · EIN 36-3681493 | Discretionary Trustee | $10,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $6,459 | $78,781-91.8% | $100,516-93.6% | $73,409-91.2% |
| Participation rate | 50.9% | 80.0%-29.2pp | 79.4%-28.6pp | 72.2%-21.3pp |
| Annual return | -0.44% | 31.69%-32.1pp | 30.89%-31.3pp | 59.29%-59.7pp |
| Employer contribution / active EE | $0 | $2,420-100.0% | $3,418-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $0 | $6,537-100.0% | $6,270-100.0% | $3,805-100.0% |
| Admin fee / account holder | $85 | $145-41.8% | $8,081-99.0% | $158-46.4% |