Filed November 14, 2008 (most recent of 2 filings on file)
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 |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $81,736 |
Service code 49 | Other Services | $35,756 |
Filed as: CETERA ADVISOR NETWORK Service code 49 · EIN 95-3845382 | Other Services | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $160,552 | $136,307+17.8% | $177,821-9.7% | $73,488+118.5% |
| Participation rate | 81.5% | 86.1%-4.6pp | 87.7%-6.3pp | 70.7%+10.8pp |
| Annual return | 19.86% | 18.68%+1.2pp | 48.32%-28.5pp | 28.51%-8.6pp |
| Employer contribution / active EE | $0 | $3,712-100.0% | $5,918-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $13,414 | $5,829+130.1% | $7,714+73.9% | $3,740+258.7% |
| Admin fee / account holder | $615 | $596+3.2% | $12,427-95.1% | $513+19.8% |