Filed October 21, 2008
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,689 |
COMMONWEALTH FINANCIAL NETWORK1+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $4,000 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,343 | $47,078-78.0% | $100,671-89.7% | $55,191-81.3% |
| Participation rate | 97.5% | 58.0%+39.5pp | 70.7%+26.8pp | 69.2%+28.4pp |
| Annual return | 3.07% | 0.65%+2.4pp | 20.43%-17.4pp | 10.78%-7.7pp |
| Employer contribution / active EE | $503 | $1,065-52.7% | $4,012-87.5% | $1,899-73.5% |
| Participant deferral / active EE | $1,880 | $2,038-7.8% | $3,144-40.2% | $3,046-38.3% |
| Admin fee / account holder | $23 | $153-85.2% | $4,850-99.5% | $91-75.1% |