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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $153,149 |
WELLS FARGO BANK, N.A.5 years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 27 · EIN 34-1542819 | Advisory (Plan) | $53,286 |
MARCUM LLP3 years Service code 10 · EIN 11-1986323 | Accounting | $15,900 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $44,629 | $26,906+65.9% | $61,373-27.3% | $77,904-42.7% |
| Participation rate | 27.7% | 33.4%-5.8pp | 52.6%-24.9pp | 73.7%-46.0pp |
| Annual return | -16.14% | -14.46%-1.7pp | 338.61%-354.7pp | 12.21%-28.3pp |
| Employer contribution / active EE | $571 | $521+9.5% | $1,159-50.8% | $2,848-80.0% |
| Participant deferral / active EE | $1,007 | $1,180-14.7% | $2,125-52.6% | $4,806-79.1% |
| Admin fee / account holder | $240 | $117+105.0% | $2,130-88.7% | $133+80.9% |