Filed August 1, 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 6-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 | $64,164 |
TRUTINA FINANCIAL1 year Service code 27 · EIN 47-0995939 | Advisory (Plan) | $46,733 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $73,064 | $121,341-39.8% | $189,513-61.4% | $79,386-8.0% |
| Participation rate | 98.7% | 86.1%+12.6pp | 87.8%+10.9pp | 70.7%+28.0pp |
| Annual return | 13.46% | 21.08%-7.6pp | 555.15%-541.7pp | 116.85%-103.4pp |
| Employer contribution / active EE | $3,818 | $3,915-2.5% | $6,162-38.0% | $2,427+57.3% |
| Participant deferral / active EE | $6,757 | $6,395+5.7% | $8,221-17.8% | $4,046+67.0% |
| Admin fee / account holder | $361 | $651-44.5% | $12,045-97.0% | $626-42.3% |