Filed April 18, 2005
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $373,886 |
Filed as: RESOURCES INVESTMENT ADVISORS INC Service code 27 · EIN 43-1451524 | Advisory (Plan) | $139,602 |
KEN GARFF AUTOMOTIVE, LLC2 years Service code 14 · EIN 30-0123156 | Plan Administrator | $25,863 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $73,999 | $41,850+76.8% | $96,562-23.4% | $101,517-27.1% |
| Participation rate | 35.8% | 58.3%-22.5pp | 69.8%-34.1pp | 74.6%-38.8pp |
| Annual return | 17.76% | 16.51%+1.3pp | 37.78%-20.0pp | 21.00%-3.2pp |
| Employer contribution / active EE | $316 | $929-66.0% | $2,356-86.6% | $2,973-89.4% |
| Participant deferral / active EE | $2,554 | $1,934+32.0% | $3,849-33.6% | $4,873-47.6% |
| Admin fee / account holder | $172 | $73+136.3% | $6,181-97.2% | $139+23.3% |