Filed December 18, 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.
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FOUNDERS FINANCIAL SEC LLC Service code 27 · EIN 20-2052994 | Advisory (Plan) | $67,946 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $26,473 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN PLLC Service code 10 · EIN 38-1357951 | Accounting | $20,847 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $120,300 | $79,223+51.9% | $102,460+17.4% | $74,478+61.5% |
| Participation rate | 56.6% | 74.8%-18.1pp | 76.5%-19.9pp | 67.2%-10.6pp |
| Annual return | 11.50% | 54.98%-43.5pp | 29.47%-18.0pp | 1370.56%-1359.1pp |
| Employer contribution / active EE | $1,098 | $2,363-53.6% | $3,025-63.7% | $2,626-58.2% |
| Participant deferral / active EE | $3,608 | $4,417-18.3% | $5,056-28.6% | $4,350-17.1% |
| Admin fee / account holder | $894 | $2,003-55.4% | $9,460-90.6% | $1,946-54.1% |