Filed June 14, 2006
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $28,578 |
K. HARVEY1+ years Filed as: HARVEY, JIM L. Service code 49 6701 WESTOWN PKWY · W DES MOINES, IA 502667706 | Other Services | $1,431 |
WILSHIRE ASSOCIATES INCORPORATED1+ 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $29,832 | $32,530-8.3% | $106,619-72.0% | $63,975-53.4% |
| Participation rate | 19.9% | 55.7%-35.8pp | 78.0%-58.1pp | 71.1%-51.2pp |
| Annual return | 15.42% | 8.92%+6.5pp | 9.42%+6.0pp | 48.65%-33.2pp |
| Employer contribution / active EE | $0 | $724-100.0% | $3,947-100.0% | $2,182-100.0% |
| Participant deferral / active EE | $675 | $1,383-51.2% | $3,930-82.8% | $3,356-79.9% |
| Admin fee / account holder | $100 | $61+63.6% | $6,418-98.4% | $70+41.9% |