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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,036 |
IMA WEALTH INC3 years Filed as: IMA WEALTH, INC. Service code 27 · EIN 48-1233289 | Advisory (Plan) | $33,921 |
Filed as: ONEDIGITAL TOPCO LLC Service code 13 · EIN 82-1434504 | Contract Administrator | $14,446 |
IMA WEALTH INC5 years Service code 27 | Advisory (Plan) | $6 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,652 | $40,278-11.5% | $80,569-55.7% | $80,160-55.5% |
| Participation rate | 9.9% | 47.5%-37.7pp | 67.0%-57.1pp | 72.9%-63.1pp |
| Annual return | 19.82% | 50.86%-31.0pp | 935.43%-915.6pp | 40.38%-20.6pp |
| Employer contribution / active EE | $333 | $1,332-75.0% | $2,723-87.8% | $2,978-88.8% |
| Participant deferral / active EE | $658 | $2,696-75.6% | $4,447-85.2% | $5,017-86.9% |
| Admin fee / account holder | $316 | $210+50.2% | $5,377-94.1% | $145+118.0% |