Filed September 19, 2006
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $51,006 |
NEWEDGE ADVISORS LLC3 years Filed as: NEWEDGE ADVISORS Service code 27 · EIN 46-0854203 | Advisory (Plan) | $24,477 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,519 | $87,870+78.1% | $113,168+38.3% | $74,304+110.6% |
| Participation rate | 96.9% | 70.7%+26.1pp | 76.6%+20.3pp | 60.3%+36.5pp |
| Annual return | 11.65% | 26.44%-14.8pp | 24.27%-12.6pp | 29.43%-17.8pp |
| Employer contribution / active EE | $6,079 | $2,277+167.0% | $2,975+104.3% | $2,241+171.3% |
| Participant deferral / active EE | $8,230 | $4,241+94.1% | $5,107+61.2% | $3,767+118.5% |
| Admin fee / account holder | $309 | $3,368-90.8% | $12,068-97.4% | $2,969-89.6% |