Filed August 26, 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,312 |
RUBINBROWN LLP4 years Service code 10 · EIN 43-0765316 | Accounting | $11,100 |
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 | $20,944 | $58,290-64.1% | $98,442-78.7% | $86,799-75.9% |
| Participation rate | 51.6% | 68.3%-16.7pp | 73.3%-21.8pp | 72.3%-20.7pp |
| Annual return | 21.87% | 43.48%-21.6pp | 1492.73%-1470.9pp | 97.91%-76.0pp |
| Employer contribution / active EE | $507 | $2,008-74.7% | $2,960-82.9% | $2,405-78.9% |
| Participant deferral / active EE | $1,080 | $3,152-65.7% | $4,276-74.7% | $4,131-73.8% |
| Admin fee / account holder | $180 | $138+31.1% | $5,949-97.0% | $170+6.4% |