Filed June 2, 2003
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 5-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 COMPANY1+ years Filed as: PRINCIPAL Service code 15 · EIN 42-0127290 | Recordkeeping | $25,795 |
MARKLEY ACTUARIAL SERVICES, INC.1+ years Filed as: MARKLEY Service code 11 28 WEST KING ST · LANCASTER, PA 17603 | Actuarial | $9,300 |
VALUE CONSULTING GROUP1+ years Filed as: VALUE MANAGEMENT Service code 34 2370 YORK RD · JAMISON, PA 18929 | Valuation (appraisals, etc.); Consult... | $8,104 |
Participant 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.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $29,789 | $50,498-41.0% | $75,781-60.7% | $55,191-46.0% |
| Participation rate | 88.0% | 69.4%+18.6pp | 75.8%+12.2pp | 69.2%+18.9pp |
| Annual return | 9.17% | 1.80%+7.4pp | 9.68%-0.5pp | 10.78%-1.6pp |
| Employer contribution / active EE | $685 | $2,291-70.1% | $3,323-79.4% | $1,899-63.9% |
| Participant deferral / active EE | $0 | $2,589-100.0% | $3,651-100.0% | $3,046-100.0% |
| Admin fee / account holder | $1,624 | $123+1219.8% | $5,299-69.4% | $91+1688.9% |