Filed January 3, 2014
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 Service code 13 · EIN 42-0127290 | Contract Administrator | $64,852 |
NYHART1+ years Service code 11 · EIN 35-0966414 | Actuarial | $25,735 |
JANNEY MONTGOMERY SCOTT LLC1+ years Service code 49 · EIN 23-0731260 | Other Services | $11,841 |
BAKER & HOSTETLER LLP1+ years Filed as: BAKER & HOSTETLER Service code 29 · EIN 34-0082025 | Legal | $6,471 |
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).
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 | $49,825 | $51,769-3.8% | $57,343-13.1% | $52,331-4.8% |
| Participation rate | 91.1% | 75.2%+15.9pp | 75.1%+16.0pp | 68.1%+23.0pp |
| Annual return | -0.71% | 2.43%-3.1pp | 24.39%-25.1pp | 4.54%-5.3pp |
| Employer contribution / active EE | $2,846 | $2,335+21.9% | $2,689+5.9% | $1,882+51.3% |
| Participant deferral / active EE | $1,981 | $2,794-29.1% | $3,162-37.4% | $3,022-34.5% |
| Admin fee / account holder | $481 | $295+63.0% | $3,356-85.7% | $592-18.8% |