Filed April 12, 2007
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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $18,805 |
UBS FINANCIAL SERVICES INC2 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $7,781 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $13,731 | $46,173-70.3% | $170,442-91.9% | $69,631-80.3% |
| Participation rate | 43.1% | 63.9%-20.8pp | 83.6%-40.5pp | 70.7%-27.6pp |
| Annual return | 15.34% | 21.62%-6.3pp | 205.93%-190.6pp | 27571.02%-27555.7pp |
| Employer contribution / active EE | $371 | $1,610-76.9% | $5,433-93.2% | $2,032-81.7% |
| Participant deferral / active EE | $854 | $2,080-58.9% | $4,939-82.7% | $3,224-73.5% |
| Admin fee / account holder | $125 | $116+8.1% | $13,880-99.1% | $110+13.5% |