Filed December 20, 2011
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 COMPANY2+ years Service code 13 · EIN 42-0127290 111 WEST STATE STREET · MASON CITY, IA 50401 | Contract Administrator | $32,651 |
RBC WEALTH MANAGEMENT2+ years Filed as: RBC CAPITAL MARKETS LTD Service code 27 · EIN 41-1416330 3750 WASHINGTON AVE N · MINNEAPOLIS, MN 55412 | Advisory (Plan) | $16,674 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $92,418 | $64,909+42.4% | $82,313+12.3% | $62,292+48.4% |
| Participation rate | 65.1% | 74.9%-9.8pp | 76.9%-11.8pp | 69.5%-4.4pp |
| Annual return | 169.69% | 21.18%+148.5pp | 25.88%+143.8pp | 28.90%+140.8pp |
| Employer contribution / active EE | $0 | $1,676-100.0% | $2,428-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $2,020 | $3,103-34.9% | $3,706-45.5% | $3,169-36.3% |
| Admin fee / account holder | $320 | $440-27.2% | $5,608-94.3% | $479-33.2% |