Filed April 29, 2015
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 | $99,753 |
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS LLC. Service code 27 · EIN 34-1542819 | Advisory (Plan) | $30,138 |
MARCUM LLP2 years Service code 10 · EIN 11-1986323 | Accounting | $14,960 |
See 1 actuary disclosure. $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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $84,337-100.0% | $291,448-100.0% | $286,844-100.0% |
| Participation rate | 0.0% | 42.9%-42.9pp | 28.6%-28.6pp | 37.6%-37.6pp |
| Annual return | 15.00% | 5.53%+9.5pp | 6.39%+8.6pp | 9.30%+5.7pp |
| Employer contribution / active EE | $0 | $39,799-100.0% | $30,371-100.0% | $43,742-100.0% |
| Participant deferral / active EE | $0 | $7-100.0% | $24-100.0% | $83-100.0% |
| Admin fee / account holder | $0 | $8,141-100.0% | $7,637-100.0% | $12,596-100.0% |