Filed February 11, 2011
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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $67,578 |
HOGANTAYLOR LLP1 year Filed as: HOGAN TAYLOR LLP Service code 10 · EIN 73-1413977 | Accounting | $14,400 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $9,863 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $64,213 | $136,307-52.9% | $177,821-63.9% | $73,488-12.6% |
| Participation rate | 80.6% | 86.1%-5.5pp | 87.7%-7.1pp | 70.7%+9.9pp |
| Annual return | 17.66% | 18.68%-1.0pp | 48.32%-30.7pp | 28.51%-10.9pp |
| Employer contribution / active EE | $2,237 | $3,712-39.7% | $5,918-62.2% | $2,270-1.5% |
| Participant deferral / active EE | $3,349 | $5,829-42.5% | $7,714-56.6% | $3,740-10.5% |
| Admin fee / account holder | $417 | $596-30.0% | $12,427-96.6% | $513-18.8% |