Filed April 12, 2007
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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $36,575 |
Filed as: GLOBAL RETIRMENT PARTNERS LLC Service code 27 · EIN 47-1411118 | Advisory (Plan) | $27,959 |
WIPFLI LLP1 year Service code 10 · EIN 39-0758449 | Accounting | $19,000 |
THE RETIREMENT ADVANTAGE INC5 years Filed as: THE RETIRMENT ADVANTAGE Service code 13 · EIN 39-1816008 | Contract Administrator | $6,485 |
THE RETIREMENT ADVANTAGE INC9+ years Service code 13 | Contract Administrator | $5,309 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $51,265 | $130,194-60.6% | $169,993-69.8% | $71,457-28.3% |
| Participation rate | 96.2% | 86.1%+10.1pp | 87.0%+9.2pp | 67.9%+28.3pp |
| Annual return | 19.67% | 20.37%-0.7pp | 53.37%-33.7pp | 28.85%-9.2pp |
| Employer contribution / active EE | $601 | $4,381-86.3% | $6,785-91.1% | $2,588-76.8% |
| Participant deferral / active EE | $5,332 | $6,923-23.0% | $10,408-48.8% | $4,289+24.3% |
| Admin fee / account holder | $330 | $966-65.8% | $12,815-97.4% | $1,587-79.2% |