Filed March 9, 2010
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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $52,635 |
OSAIC WEALTH INC1 year Service code 49 · EIN 93-0987232 | Other Services | $10,031 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $136,751 | $84,556+61.7% | $116,228+17.7% | $74,304+84.0% |
| Participation rate | 92.7% | 66.0%+26.7pp | 74.6%+18.1pp | 60.3%+32.4pp |
| Annual return | 12.47% | 18.35%-5.9pp | 90.06%-77.6pp | 29.43%-17.0pp |
| Employer contribution / active EE | $2,844 | $2,168+31.2% | $2,994-5.0% | $2,241+26.9% |
| Participant deferral / active EE | $6,638 | $3,814+74.0% | $4,953+34.0% | $3,767+76.2% |
| Admin fee / account holder | $390 | $3,792-89.7% | $11,989-96.7% | $2,969-86.9% |