Filed March 20, 2015
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 |
|---|---|---|
REGAL SECURITIES, INC.2+ years Service code 49 · EIN 36-2916812 | Other Services | $8,680 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,607 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $10,470 | $36,916-71.6% | $156,549-93.3% | $57,658-81.8% |
| Participation rate | 53.0% | 63.4%-10.5pp | 84.0%-31.0pp | 70.2%-17.2pp |
| Annual return | 57.90% | 12.38%+45.5pp | 32.23%+25.7pp | 5.13%+52.8pp |
| Employer contribution / active EE | $214 | $1,571-86.4% | $5,501-96.1% | $1,974-89.2% |
| Participant deferral / active EE | $678 | $1,926-64.8% | $4,871-86.1% | $3,061-77.9% |
| Admin fee / account holder | $37 | $82-54.6% | $13,027-99.7% | $95-60.4% |