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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $150,374 |
MMA SECURITIES LLC1 year Filed as: MMA SECURITIES, LLC Service code 27 · EIN 22-3570392 | Advisory (Plan) | $60,474 |
WILSHIRE ASSOCIATES INCORPORATED6+ 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,039 | $33,283+11.3% | $77,482-52.2% | $93,223-60.3% |
| Participation rate | 5.7% | 33.8%-28.1pp | 54.2%-48.5pp | 74.9%-69.2pp |
| Annual return | 20.26% | 16.24%+4.0pp | 54.79%-34.5pp | 19.29%+1.0pp |
| Employer contribution / active EE | $141 | $311-54.8% | $986-85.7% | $2,680-94.7% |
| Participant deferral / active EE | $291 | $886-67.2% | $1,861-84.4% | $4,563-93.6% |
| Admin fee / account holder | $311 | $97+221.1% | $2,858-89.1% | $79+293.2% |