Filed July 18, 2013 (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 6-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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $74,019 |
SPECTRUM INVESTMENT ADVISORS4+ years Service code 27 · EIN 39-1828175 | Advisory (Plan) | $70,307 |
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).
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 | $110,807 | $72,607+52.6% | $90,749+22.1% | $66,914+65.6% |
| Participation rate | 91.8% | 73.7%+18.1pp | 75.7%+16.1pp | 69.8%+22.0pp |
| Annual return | -13.29% | -12.28%-1.0pp | -12.16%-1.1pp | 1.58%-14.9pp |
| Employer contribution / active EE | $4,453 | $2,369+88.0% | $2,921+52.5% | $2,544+75.0% |
| Participant deferral / active EE | $6,676 | $3,977+67.9% | $4,564+46.3% | $4,237+57.6% |
| Admin fee / account holder | $564 | $707-20.3% | $8,445-93.3% | $593-5.0% |