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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $87,540 |
Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346 | Recordkeeping | $1,178 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,162 | $26,906+1.0% | $61,373-55.7% | $77,904-65.1% |
| Participation rate | 12.3% | 33.4%-21.1pp | 52.6%-40.2pp | 73.7%-61.3pp |
| Annual return | -18.62% | -14.46%-4.2pp | 338.61%-357.2pp | 12.21%-30.8pp |
| Employer contribution / active EE | $229 | $521-56.1% | $1,159-80.3% | $2,848-92.0% |
| Participant deferral / active EE | $540 | $1,180-54.2% | $2,125-74.6% | $4,806-88.8% |
| Admin fee / account holder | $125 | $117+7.1% | $2,130-94.1% | $133-5.5% |