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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $82,505 |
NFP RETIREMENT INC7 years Filed as: NFP ADVISOR SERVICES LLC Service code 27 · EIN 74-2794194 | Advisory (Plan) | $26,100 |
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 | $19,035 | $40,278-52.7% | $80,569-76.4% | $80,160-76.3% |
| Participation rate | 23.8% | 47.5%-23.8pp | 67.0%-43.2pp | 72.9%-49.2pp |
| Annual return | 17.38% | 50.86%-33.5pp | 935.43%-918.1pp | 40.38%-23.0pp |
| Employer contribution / active EE | $74 | $1,332-94.5% | $2,723-97.3% | $2,978-97.5% |
| Participant deferral / active EE | $1,151 | $2,696-57.3% | $4,447-74.1% | $5,017-77.1% |
| Admin fee / account holder | $171 | $210-18.6% | $5,377-96.8% | $145+18.1% |