Filed October 20, 2006
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,564 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $1,535 |
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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,371 | $43,423-50.8% | $78,689-72.8% | $55,167-61.3% |
| Participation rate | 55.3% | 68.0%-12.8pp | 73.6%-18.3pp | 69.0%-13.7pp |
| Annual return | 6.78% | 11.53%-4.7pp | 62.18%-55.4pp | 169.23%-162.4pp |
| Employer contribution / active EE | $952 | $1,997-52.3% | $2,851-66.6% | $1,963-51.5% |
| Participant deferral / active EE | $1,083 | $2,509-56.8% | $3,517-69.2% | $3,054-64.5% |
| Admin fee / account holder | $22 | $416-94.6% | $4,510-99.5% | $504-95.6% |