Filed July 19, 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 | $18,132 |
NFP RETIREMENT INC2+ years Filed as: NFP INSURANCE SERVICES INC Service code 49 · EIN 74-2470431 | Other Services | $3,095 |
Annual investment return 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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $15,636 | $44,425-64.8% | $67,834-76.9% | $55,167-71.7% |
| Participation rate | 91.1% | 59.7%+31.4pp | 68.8%+22.3pp | 69.0%+22.2pp |
| Annual return | 4.61% | 17.80%-13.2pp | 138.47%-133.9pp | 169.23%-164.6pp |
| Employer contribution / active EE | $292 | $1,351-78.4% | $2,403-87.8% | $1,963-85.1% |
| Participant deferral / active EE | $1,642 | $2,166-24.2% | $3,160-48.0% | $3,054-46.2% |
| Admin fee / account holder | $93 | $530-82.5% | $4,622-98.0% | $504-81.5% |