Filed July 25, 2014
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $57,255 |
VISIONPOINT ADVISORY GROUP6 years Service code 27 · EIN 46-3329350 | Advisory (Plan) | $18,890 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,864 | $50,820-27.5% | $155,567-76.3% | $77,671-52.5% |
| Participation rate | 47.4% | 63.1%-15.7pp | 78.2%-30.8pp | 70.6%-23.2pp |
| Annual return | 11.33% | 34.85%-23.5pp | 64.74%-53.4pp | 31.21%-19.9pp |
| Employer contribution / active EE | $714 | $1,993-64.1% | $4,674-84.7% | $2,726-73.8% |
| Participant deferral / active EE | $1,507 | $2,823-46.6% | $5,628-73.2% | $4,648-67.6% |
| Admin fee / account holder | $221 | $436-49.3% | $15,916-98.6% | $430-48.6% |