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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $55,684 |
MMA SECURITIES LLC1 year Service code 49 · EIN 22-3570392 | Other Services | $24,404 |
WILSHIRE ASSOCIATES INCORPORATED5+ 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 | $19,202 | $27,322-29.7% | $74,701-74.3% | $82,204-76.6% |
| Participation rate | 8.0% | 31.7%-23.7pp | 54.5%-46.4pp | 73.4%-65.4pp |
| Annual return | 43.08% | 28.26%+14.8pp | 752.92%-709.8pp | 26.31%+16.8pp |
| Employer contribution / active EE | $141 | $324-56.5% | $1,084-87.0% | $2,707-94.8% |
| Participant deferral / active EE | $291 | $909-68.0% | $1,964-85.2% | $4,246-93.2% |
| Admin fee / account holder | $71 | $86-17.8% | $3,333-97.9% | $76-6.4% |