Filed June 14, 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $21,473 |
W ENTERPRISES INC6+ years Service code 49 · EIN 59-2115859 | Other Services | $4,394 |
Service code 49 · EIN 93-0987232 | Other Services | $2,929 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,462 | $43,466+23.0% | $90,951-41.2% | $90,288-40.8% |
| Participation rate | 39.9% | 62.5%-22.5pp | 69.0%-29.1pp | 73.4%-33.4pp |
| Annual return | 14.08% | 25.26%-11.2pp | 134.60%-120.5pp | 53.97%-39.9pp |
| Employer contribution / active EE | $436 | $840-48.1% | $2,122-79.5% | $2,524-82.7% |
| Participant deferral / active EE | $1,294 | $2,138-39.5% | $3,373-61.6% | $4,232-69.4% |
| Admin fee / account holder | $24 | $92-74.4% | $5,959-99.6% | $114-79.4% |