Filed October 2, 2012
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $76,630 |
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Service code 17 · EIN 13-5674085 | Pension Consulting | $51,448 |
MORNINGSTAR3 years 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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,533 | $51,092+90.9% | $76,735+27.1% | $79,634+22.5% |
| Participation rate | 90.9% | 50.2%+40.7pp | 69.5%+21.4pp | 62.5%+28.5pp |
| Annual return | 14.98% | 18.04%-3.1pp | 29.77%-14.8pp | 36.46%-21.5pp |
| Employer contribution / active EE | $2,248 | $1,519+48.0% | $2,454-8.4% | $2,529-11.1% |
| Participant deferral / active EE | $7,207 | $2,529+185.0% | $4,088+76.3% | $3,835+88.0% |
| Admin fee / account holder | $319 | $1,865-82.9% | $7,189-95.6% | $1,002-68.2% |