Filed August 6, 2007
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 | $68,259 |
NFP RETIREMENT INC6 years Filed as: NFP ADVISOR SERVICES LLC Service code 27 · EIN 74-2794194 | Advisory (Plan) | $23,341 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $12,145 | $37,317-67.5% | $77,024-84.2% | $77,904-84.4% |
| Participation rate | 21.8% | 46.9%-25.0pp | 67.9%-46.1pp | 73.7%-51.8pp |
| Annual return | -13.52% | -5.88%-7.6pp | 42.32%-55.8pp | 12.21%-25.7pp |
| Employer contribution / active EE | $66 | $1,218-94.6% | $2,812-97.7% | $2,848-97.7% |
| Participant deferral / active EE | $806 | $2,564-68.6% | $4,426-81.8% | $4,806-83.2% |
| Admin fee / account holder | $116 | $126-7.6% | $5,425-97.9% | $133-12.4% |