Filed October 27, 2006
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $15,534 |
WEALTHPLAN ADVISORS LLC1+ years Service code 27 · EIN 47-2622892 | Advisory (Plan) | $5,144 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $12,835 | $22,714-43.5% | $59,496-78.4% | $55,191-76.7% |
| Participation rate | 36.8% | 37.5%-0.7pp | 54.6%-17.8pp | 69.2%-32.4pp |
| Annual return | -1.69% | -44.01%+42.3pp | 182.05%-183.7pp | 10.78%-12.5pp |
| Employer contribution / active EE | $597 | $418+42.8% | $1,153-48.2% | $1,899-68.6% |
| Participant deferral / active EE | $1,294 | $843+53.5% | $1,829-29.2% | $3,046-57.5% |
| Admin fee / account holder | $120 | $83+44.5% | $2,232-94.6% | $91+32.7% |