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 SERVICES3 years Filed as: PORTFOLIO DESIGN SERVICES, LLC Service code 27 · EIN 72-1558055 | Advisory (Plan) | $56,815 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,462 |
PLANTE & MORAN, PLLC2 years Service code 10 · EIN 38-1357951 | Accounting | $12,282 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $95,555 | $73,638+29.8% | $95,952-0.4% | $73,488+30.0% |
| Participation rate | 78.7% | 76.2%+2.5pp | 77.1%+1.6pp | 70.7%+8.0pp |
| Annual return | 10.98% | 16.78%-5.8pp | 91.61%-80.6pp | 28.51%-17.5pp |
| Employer contribution / active EE | $1,277 | $1,863-31.4% | $2,541-49.7% | $2,270-43.7% |
| Participant deferral / active EE | $3,665 | $3,617+1.3% | $4,167-12.0% | $3,740-2.0% |
| Admin fee / account holder | $576 | $482+19.4% | $6,795-91.5% | $513+12.2% |