Filed May 21, 2008
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 9-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 | $32,889 |
SAGEPOINT FINANCIAL INC3 years Service code 49 · EIN 20-1741754 | Other Services | $12,339 |
WILSHIRE ASSOCIATES INCORPORATED4+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $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 | $14,387 | $23,119-37.8% | $71,086-79.8% | $75,289-80.9% |
| Participation rate | 10.7% | 36.3%-25.7pp | 54.7%-44.0pp | 72.4%-61.8pp |
| Annual return | 4.24% | -3.32%+7.6pp | 650.59%-646.3pp | -0.04%+4.3pp |
| Employer contribution / active EE | $119 | $399-70.3% | $1,088-89.1% | $2,405-95.1% |
| Participant deferral / active EE | $327 | $960-65.9% | $1,874-82.5% | $3,739-91.2% |
| Admin fee / account holder | $53 | $89-40.2% | $3,082-98.3% | $102-47.7% |