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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,558 |
EDWARD JONES2 years Service code 27 · EIN 43-0345811 | Advisory (Plan) | $8,825 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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).
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 | $28,506 | $57,976-50.8% | $62,995-54.7% | $62,292-54.2% |
| Participation rate | 66.2% | 75.9%-9.7pp | 74.8%-8.6pp | 69.5%-3.3pp |
| Annual return | 17.09% | 17.54%-0.5pp | 87.57%-70.5pp | 28.90%-11.8pp |
| Employer contribution / active EE | $532 | $2,415-78.0% | $2,759-80.7% | $2,042-73.9% |
| Participant deferral / active EE | $1,178 | $2,956-60.2% | $3,329-64.6% | $3,169-62.8% |
| Admin fee / account holder | $115 | $276-58.3% | $3,600-96.8% | $479-76.0% |