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 |
|---|---|---|
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $25,680 |
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,182 |
MORNINGSTAR2 years 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.
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 | $77,309 | $76,670+0.8% | $96,683-20.0% | $71,457+8.2% |
| Participation rate | 62.6% | 66.6%-4.0pp | 74.3%-11.8pp | 67.9%-5.3pp |
| Annual return | 17.72% | 48.29%-30.6pp | 35.69%-18.0pp | 28.85%-11.1pp |
| Employer contribution / active EE | $688 | $3,031-77.3% | $3,737-81.6% | $2,588-73.4% |
| Participant deferral / active EE | $3,959 | $3,771+5.0% | $4,878-18.8% | $4,289-7.7% |
| Admin fee / account holder | $22 | $2,028-98.9% | $6,730-99.7% | $1,587-98.6% |