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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,985 |
RUBINBROWN LLP5 years Service code 10 · EIN 43-0765316 | Accounting | $11,600 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,741 | $47,722-54.4% | $82,719-73.7% | $64,808-66.5% |
| Participation rate | 39.9% | 67.6%-27.8pp | 72.6%-32.7pp | 71.5%-31.6pp |
| Annual return | -9.10% | -13.05%+4.0pp | 701.18%-710.3pp | 32.82%-41.9pp |
| Employer contribution / active EE | $469 | $2,179-78.5% | $3,009-84.4% | $2,506-81.3% |
| Participant deferral / active EE | $1,031 | $3,329-69.0% | $4,395-76.6% | $4,310-76.1% |
| Admin fee / account holder | $218 | $143+52.2% | $5,329-95.9% | $188+15.8% |