Filed May 28, 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 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $220,330 |
401(K) ADVISORS INC5 years Service code 27 · EIN 33-0905143 | Advisory (Plan) | $75,000 |
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 | $86,549 | $53,932+60.5% | $134,143-35.5% | $90,288-4.1% |
| Participation rate | 46.3% | 60.4%-14.0pp | 72.2%-25.8pp | 73.4%-27.0pp |
| Annual return | 13.06% | 23.16%-10.1pp | 36.33%-23.3pp | 53.97%-40.9pp |
| Employer contribution / active EE | $576 | $1,611-64.2% | $3,704-84.4% | $2,524-77.2% |
| Participant deferral / active EE | $3,142 | $2,432+29.2% | $3,499-10.2% | $4,232-25.8% |
| Admin fee / account holder | $132 | $104+27.5% | $6,684-98.0% | $114+15.8% |