Filed September 9, 2009
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 | $131,066 |
Filed as: GALLAGHER FIDUCIARY Service code 27 · EIN 36-4291971 | Advisory (Plan) | $24,576 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC 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.
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 | $83,124 | $88,480-6.1% | $96,683-14.0% | $80,160+3.7% |
| Participation rate | 35.3% | 79.9%-44.6pp | 74.3%-39.1pp | 72.9%-37.7pp |
| Annual return | 15.51% | 22.53%-7.0pp | 35.69%-20.2pp | 40.38%-24.9pp |
| Employer contribution / active EE | $620 | $4,176-85.2% | $3,737-83.4% | $2,978-79.2% |
| Participant deferral / active EE | $2,975 | $3,959-24.8% | $4,878-39.0% | $5,017-40.7% |
| Admin fee / account holder | $116 | $212-45.4% | $6,730-98.3% | $145-20.3% |