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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,478 |
MID ATLANTIC CAPITAL CORPORATION2+ years Filed as: MID ATLANTIC FINANCIAL MANAGEMENT I Service code 27 · EIN 25-1443041 | Advisory (Plan) | $22,040 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $144,481 | $64,909+122.6% | $82,313+75.5% | $62,292+131.9% |
| Participation rate | 97.1% | 74.9%+22.2pp | 76.9%+20.2pp | 69.5%+27.5pp |
| Annual return | 16.76% | 21.18%-4.4pp | 25.88%-9.1pp | 28.90%-12.1pp |
| Employer contribution / active EE | $4,666 | $1,676+178.4% | $2,428+92.2% | $2,042+128.5% |
| Participant deferral / active EE | $5,441 | $3,103+75.3% | $3,706+46.8% | $3,169+71.7% |
| Admin fee / account holder | $362 | $440-17.7% | $5,608-93.6% | $479-24.6% |