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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $45,393 |
IMA WEALTH INC1 year Filed as: IMA ADVISORY SERVICES, INC. Service code 27 · EIN 48-1233289 | Advisory (Plan) | $37,345 |
Filed as: ONEDIGITAL TOPCO LLC Service code 13 · EIN 82-1434504 | Contract Administrator | $18,074 |
IMA WEALTH INC1 year Filed as: IMA ADVISORYSERVICES, INC Service code 27 | Advisory (Plan) | $7,032 |
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 | $45,803 | $44,897+2.0% | $84,966-46.1% | $199,593-77.1% |
| Participation rate | 9.9% | 45.7%-35.8pp | 67.5%-57.6pp | 72.0%-62.0pp |
| Annual return | 15.79% | 20.96%-5.2pp | 66.38%-50.6pp | 34.25%-18.5pp |
| Employer contribution / active EE | $321 | $1,365-76.5% | $2,727-88.2% | $3,034-89.4% |
| Participant deferral / active EE | $657 | $2,668-75.4% | $4,519-85.5% | $5,087-87.1% |
| Admin fee / account holder | $343 | $584-41.3% | $6,149-94.4% | $269+27.5% |