Filed May 6, 2012
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 4-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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $61,474 |
LPL FINANCIAL3+ years Service code 27 · EIN 20-4595928 | Advisory (Plan) | $24,470 |
MMA SECURITIES LLC1 year Filed as: MMA SECURITIES, LLC Service code 15 · EIN 22-3570392 | Recordkeeping | $21,487 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $8,820 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESMTNE MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 | Advisory (Participants) | $0 |
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.
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 | $52,489 | $104,697-49.9% | $96,544-45.6% | $80,160-34.5% |
| Participation rate | 50.2% | 86.4%-36.2pp | 76.0%-25.7pp | 72.9%-22.7pp |
| Annual return | 19.71% | 21.78%-2.1pp | 25.84%-6.1pp | 40.38%-20.7pp |
| Employer contribution / active EE | $1,181 | $3,536-66.6% | $2,965-60.2% | $2,978-60.3% |
| Participant deferral / active EE | $2,410 | $6,188-61.1% | $4,851-50.3% | $5,017-52.0% |
| Admin fee / account holder | $134 | $107+25.4% | $8,252-98.4% | $145-7.7% |