Filed October 23, 2008
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $36,441 |
IMA WEALTH INC2 years Filed as: IMA WEALTH, INC. Service code 27 · EIN 48-1233289 | Advisory (Plan) | $27,683 |
Filed as: RESOURCES INVESTMENT ADV Service code 13 · EIN 43-1451624 | Contract Administrator | $6,367 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,492 | $37,317-29.0% | $77,024-65.6% | $77,904-66.0% |
| Participation rate | 8.4% | 46.9%-38.4pp | 67.9%-59.5pp | 73.7%-65.3pp |
| Annual return | -14.33% | -5.88%-8.4pp | 42.32%-56.6pp | 12.21%-26.5pp |
| Employer contribution / active EE | $222 | $1,218-81.7% | $2,812-92.1% | $2,848-92.2% |
| Participant deferral / active EE | $463 | $2,564-81.9% | $4,426-89.5% | $4,806-90.4% |
| Admin fee / account holder | $265 | $126+110.9% | $5,425-95.1% | $133+100.0% |