Filed October 8, 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 |
|---|---|---|
SHERIDAN ROAD ADVISORS LLC4 years Filed as: SHERIDAN ROAD ADVISORS Service code 27 · EIN 13-4284240 | Advisory (Plan) | $26,591 |
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,060 |
Service code 49 · EIN 39-1753492 | Other Services | $0 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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.
Annual investment return 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,431 | $64,119+42.6% | $112,228-18.5% | $66,914+36.6% |
| Participation rate | 48.7% | 68.5%-19.7pp | 75.1%-26.3pp | 69.8%-21.1pp |
| Annual return | -18.85% | -13.81%-5.0pp | 27.45%-46.3pp | 1.58%-20.4pp |
| Employer contribution / active EE | $696 | $3,005-76.9% | $3,635-80.9% | $2,544-72.7% |
| Participant deferral / active EE | $4,117 | $3,693+11.5% | $4,728-12.9% | $4,237-2.8% |
| Admin fee / account holder | $19 | $625-97.0% | $6,410-99.7% | $593-96.8% |