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 |
|---|---|---|
Service code 27 · EIN 86-1563626 | Advisory (Plan) | $72,160 |
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $28,491 |
EATON METAL PRODUCTS1 year Service code 10 · EIN 84-0194410 | Accounting | $13,000 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE & MORAN PLLC Service code 10 · EIN 38-1357951 | Accounting | $6,497 |
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.)
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 | $134,046 | $87,870+52.5% | $113,168+18.4% | $74,304+80.4% |
| Participation rate | 59.2% | 70.7%-11.6pp | 76.6%-17.4pp | 60.3%-1.2pp |
| Annual return | 15.90% | 26.44%-10.5pp | 24.27%-8.4pp | 29.43%-13.5pp |
| Employer contribution / active EE | $1,140 | $2,277-49.9% | $2,975-61.7% | $2,241-49.1% |
| Participant deferral / active EE | $3,664 | $4,241-13.6% | $5,107-28.3% | $3,767-2.7% |
| Admin fee / account holder | $909 | $3,368-73.0% | $12,068-92.5% | $2,969-69.4% |