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: FOUNDERS FINANCIAL SEC LLC Service code 27 · EIN 20-2052994 | Advisory (Plan) | $66,628 |
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $25,310 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE & MORAN Service code 10 · EIN 38-1357961 | Accounting | $12,237 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,204 | $65,435+51.6% | $86,677+14.5% | $66,914+48.3% |
| Participation rate | 70.1% | 75.5%-5.3pp | 76.6%-6.4pp | 69.8%+0.3pp |
| Annual return | -14.04% | -10.89%-3.2pp | 35.91%-49.9pp | 1.58%-15.6pp |
| Employer contribution / active EE | $1,365 | $2,153-36.6% | $2,836-51.9% | $2,544-46.4% |
| Participant deferral / active EE | $4,249 | $4,100+3.6% | $4,656-8.7% | $4,237+0.3% |
| Admin fee / account holder | $775 | $642+20.7% | $7,493-89.7% | $593+30.6% |