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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,189 |
WEALTHPLAN ADVISORS LLC2+ years Service code 27 · EIN 47-2622892 | Advisory (Plan) | $13,014 |
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 | $14,202 | $23,385-39.3% | $69,182-79.5% | $57,658-75.4% |
| Participation rate | 38.1% | 37.9%+0.1pp | 55.1%-17.1pp | 70.2%-32.2pp |
| Annual return | 10.27% | -659.34%+669.6pp | -21.93%+32.2pp | 5.13%+5.1pp |
| Employer contribution / active EE | $631 | $422+49.3% | $1,206-47.7% | $1,974-68.1% |
| Participant deferral / active EE | $1,551 | $843+84.0% | $1,897-18.2% | $3,061-49.3% |
| Admin fee / account holder | $125 | $82+52.7% | $2,697-95.3% | $95+32.7% |