Filed October 31, 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 | $241,338 |
SANCTUARY ADVISORS, LLC1 year Service code 27 · EIN 47-3162022 | Advisory (Plan) | $71,242 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $29,240 | $48,698-40.0% | $93,606-68.8% | $199,593-85.4% |
| Participation rate | 96.2% | 63.5%+32.6pp | 68.7%+27.5pp | 72.0%+24.2pp |
| Annual return | -4.43% | 15.34%-19.8pp | 133.20%-137.6pp | 34.25%-38.7pp |
| Employer contribution / active EE | $0 | $1,135-100.0% | $2,420-100.0% | $3,034-100.0% |
| Participant deferral / active EE | $872 | $2,817-69.0% | $4,411-80.2% | $5,087-82.9% |
| Admin fee / account holder | $62 | $195-68.3% | $8,285-99.3% | $269-77.0% |