Filed August 24, 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 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 COMPANY1+ years Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $3,588 |
NFP RETIREMENT INC1+ years Filed as: NFP SECURITIES INC DBA THE KNW GROU Service code 28 · EIN 35-2179859 | Investment Management | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $35,046 | $80,177-56.3% | $123,892-71.7% | $57,658-39.2% |
| Participation rate | 65.2% | 74.4%-9.2pp | 81.4%-16.2pp | 70.2%-5.0pp |
| Annual return | 14.97% | 17.90%-2.9pp | 47.52%-32.5pp | 5.13%+9.8pp |
| Employer contribution / active EE | $1,906 | $2,913-34.5% | $4,617-58.7% | $1,974-3.4% |
| Participant deferral / active EE | $3,390 | $5,130-33.9% | $5,984-43.3% | $3,061+10.8% |
| Admin fee / account holder | $17 | $106-83.8% | $8,357-99.8% | $95-81.8% |