Filed July 18, 2006 (most recent of 2 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $105,529 |
GROVE POINT INVESTMENTS LLC3 years Filed as: GROVE POINT ADVISORS, LLC Service code 27 · EIN 85-3242918 | Advisory (Plan) | $25,000 |
Service code 16 · EIN 75-2866255 | Consulting | $8,000 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,181 | $131,799-56.6% | $200,582-71.5% | $85,563-33.2% |
| Participation rate | 91.3% | 87.9%+3.4pp | 86.9%+4.4pp | 66.0%+25.4pp |
| Annual return | 7.91% | 21.59%-13.7pp | 42.33%-34.4pp | 31.51%-23.6pp |
| Employer contribution / active EE | $2,603 | $4,532-42.6% | $6,419-59.4% | $2,654-1.9% |
| Participant deferral / active EE | $4,729 | $7,702-38.6% | $9,331-49.3% | $4,375+8.1% |
| Admin fee / account holder | $340 | $235+44.8% | $16,305-97.9% | $834-59.2% |