Filed July 21, 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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $50,578 |
COMMONWEALTH FINANCIAL NETWORK3+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $30,120 |
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 | $21,073 | $43,717-51.8% | $81,478-74.1% | $77,958-73.0% |
| Participation rate | 12.1% | 42.5%-30.5pp | 68.0%-55.9pp | 71.6%-59.6pp |
| Annual return | 35.78% | 23.83%+12.0pp | 38.78%-3.0pp | 20.87%+14.9pp |
| Employer contribution / active EE | $214 | $919-76.7% | $2,568-91.7% | $2,310-90.7% |
| Participant deferral / active EE | $370 | $1,783-79.2% | $3,537-89.5% | $3,537-89.5% |
| Admin fee / account holder | $210 | $108+94.5% | $4,561-95.4% | $97+115.4% |