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 | $57,831+68.7% | $82,389+18.4% | $85,563+14.0% |
| Participation rate | 90.9% | 55.0%+35.9pp | 69.5%+21.4pp | 66.0%+25.0pp |
| Annual return | 14.98% | 17.86%-2.9pp | 28.67%-13.7pp | 31.51%-16.5pp |
| Employer contribution / active EE | $2,248 | $1,643+36.8% | $2,517-10.7% | $2,654-15.3% |
| Participant deferral / active EE | $7,207 | $3,118+131.2% | $4,155+73.5% | $4,375+64.7% |
| Admin fee / account holder | $319 | $1,391-77.1% | $7,231-95.6% | $834-61.8% |