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 |
|---|---|---|
PORTFOLIO DESIGN SERVICES2 years Filed as: PORTFOLIO DESIGN SERVICES, LLC Service code 27 · EIN 72-1558055 | Advisory (Plan) | $55,442 |
PLANTE & MORAN, PLLC1 year Service code 10 · EIN 38-1357951 | Accounting | $30,851 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,379 |
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).
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 | $82,389 | $65,376+26.0% | $87,100-5.4% | $65,185+26.4% |
| Participation rate | 90.5% | 75.3%+15.2pp | 76.9%+13.6pp | 70.2%+20.3pp |
| Annual return | 21.16% | 31.27%-10.1pp | 28.19%-7.0pp | 29.38%-8.2pp |
| Employer contribution / active EE | $1,861 | $1,822+2.1% | $2,521-26.2% | $2,177-14.5% |
| Participant deferral / active EE | $4,064 | $3,388+19.9% | $4,049+0.4% | $3,514+15.7% |
| Admin fee / account holder | $559 | $520+7.5% | $7,497-92.5% | $847-34.1% |