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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $146,423 |
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 27 · EIN 34-1542819 | Advisory (Plan) | $47,439 |
MARCUM LLP4 years Service code 10 · EIN 11-1986323 | Accounting | $22,612 |
MORNINGSTAR2 years 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,941 | $30,147+62.3% | $58,482-16.3% | $80,160-38.9% |
| Participation rate | 26.3% | 34.4%-8.1pp | 50.9%-24.5pp | 72.9%-46.6pp |
| Annual return | 16.68% | 21.97%-5.3pp | 4239.32%-4222.6pp | 40.38%-23.7pp |
| Employer contribution / active EE | $617 | $528+16.9% | $1,053-41.4% | $2,978-79.3% |
| Participant deferral / active EE | $1,009 | $1,249-19.2% | $1,924-47.5% | $5,017-79.9% |
| Admin fee / account holder | $230 | $195+18.3% | $2,516-90.9% | $145+58.8% |