Filed January 23, 2015
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 | $256,590 |
MORGAN STANLEY SMITH BARNEY6+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 28 · EIN 26-4310632 | Investment Management | $62,509 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $48,970 | $64,286-23.8% | $90,951-46.2% | $73,409-33.3% |
| Participation rate | 96.0% | 63.6%+32.4pp | 69.0%+27.0pp | 72.2%+23.8pp |
| Annual return | 10.66% | 21.45%-10.8pp | 134.60%-123.9pp | 59.29%-48.6pp |
| Employer contribution / active EE | $151 | $895-83.2% | $2,122-92.9% | $2,234-93.3% |
| Participant deferral / active EE | $3,931 | $2,453+60.3% | $3,373+16.6% | $3,805+3.3% |
| Admin fee / account holder | $353 | $287+22.9% | $5,959-94.1% | $158+123.5% |