Filed November 4, 2016
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 9-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $796,900 |
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $52,696 |
LBMC, PC1 year Filed as: LBMC Service code 10 · EIN 62-1199757 | Accounting | $13,950 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $58,871 | $48,835+20.5% | $170,442-65.5% | $177,276-66.8% |
| Participation rate | 58.9% | 72.1%-13.1pp | 83.6%-24.7pp | 74.8%-15.9pp |
| Annual return | 15.49% | 19.44%-4.0pp | 205.93%-190.4pp | 21.25%-5.8pp |
| Employer contribution / active EE | $1 | $1,798-100.0% | $5,433-100.0% | $2,479-100.0% |
| Participant deferral / active EE | $2,919 | $2,757+5.9% | $4,939-40.9% | $3,881-24.8% |
| Admin fee / account holder | $111 | $52+113.6% | $13,880-99.2% | $154-28.0% |