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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $547,167 |
Filed as: RESOURCES INVESTMENT ADVISORS INC Service code 27 · EIN 43-1451524 | Advisory (Plan) | $113,925 |
KEN GARFF AUTOMOTIVE, LLC5 years Service code 49 · EIN 30-0123156 | Other Services | $104,115 |
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 | $70,694 | $47,202+49.8% | $93,606-24.5% | $99,062-28.6% |
| Participation rate | 44.4% | 57.3%-12.9pp | 68.7%-24.3pp | 71.6%-27.2pp |
| Annual return | 13.85% | 13.08%+0.8pp | 133.20%-119.3pp | 17.66%-3.8pp |
| Employer contribution / active EE | $607 | $1,134-46.5% | $2,420-74.9% | $3,262-81.4% |
| Participant deferral / active EE | $3,193 | $2,296+39.1% | $4,411-27.6% | $5,331-40.1% |
| Admin fee / account holder | $181 | $86+111.2% | $8,285-97.8% | $109+66.4% |