Filed July 25, 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 | $14,180 |
EDWARD JONES1 year Service code 49 · EIN 43-0345811 | Other Services | $9,081 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $29,344 | $52,467-44.1% | $57,179-48.7% | $55,167-46.8% |
| Participation rate | 59.7% | 75.8%-16.1pp | 75.3%-15.6pp | 69.0%-9.3pp |
| Annual return | 5.62% | 7.72%-2.1pp | 14.59%-9.0pp | 169.23%-163.6pp |
| Employer contribution / active EE | $511 | $2,477-79.4% | $2,682-81.0% | $1,963-74.0% |
| Participant deferral / active EE | $1,164 | $2,830-58.9% | $3,096-62.4% | $3,054-61.9% |
| Admin fee / account holder | $139 | $269-48.3% | $3,139-95.6% | $504-72.4% |