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.
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 |
|---|---|---|
Filed as: PORTFOLIO DESIGN SERVICES, LLC Service code 27 · EIN 72-1558055 | Advisory (Plan) | $58,348 |
EKS&H LLLP1 year Service code 10 · EIN 46-1497033 | Accounting | $15,000 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $14,648 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,118 | $59,186+47.2% | $76,768+13.5% | $56,287+54.8% |
| Participation rate | 74.8% | 75.2%-0.4pp | 77.0%-2.1pp | 69.9%+5.0pp |
| Annual return | -6.08% | 6.62%-12.7pp | 2.43%-8.5pp | -9.96%+3.9pp |
| Employer contribution / active EE | $1,633 | $1,759-7.1% | $2,485-34.3% | $2,111-22.7% |
| Participant deferral / active EE | $3,686 | $3,255+13.3% | $3,852-4.3% | $3,350+10.0% |
| Admin fee / account holder | $630 | $489+28.7% | $6,675-90.6% | $521+20.8% |