Filed December 14, 2012 (most recent of 3 filings on file)
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 |
|---|---|---|
BENING, RAYMOND L.2 years Service code 49 801 GRAND AVE STE 240 · DES MOINES, IA 503098001 | Other Services | $20,745 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,267 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $18,971 | $44,989-57.8% | $170,442-88.9% | $77,958-75.7% |
| Participation rate | 69.0% | 64.6%+4.4pp | 83.6%-14.6pp | 71.6%-2.6pp |
| Annual return | 16.60% | 19.61%-3.0pp | 205.93%-189.3pp | 20.87%-4.3pp |
| Employer contribution / active EE | $421 | $1,466-71.3% | $5,433-92.3% | $2,310-81.8% |
| Participant deferral / active EE | $1,382 | $2,208-37.4% | $4,939-72.0% | $3,537-60.9% |
| Admin fee / account holder | $6 | $69-91.5% | $13,880-100.0% | $97-94.0% |