Filed October 21, 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 |
|---|---|---|
Service code 13 · EIN 41-0417830 | Contract Administrator | $25,077 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $1,083 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $16,898 | $31,424-46.2% | $81,478-79.3% | $69,631-75.7% |
| Participation rate | 89.8% | 50.8%+38.9pp | 68.0%+21.8pp | 70.7%+19.1pp |
| Annual return | 19.35% | 22.44%-3.1pp | 38.78%-19.4pp | 27571.02%-27551.7pp |
| Employer contribution / active EE | $4 | $1,029-99.6% | $2,568-99.8% | $2,032-99.8% |
| Participant deferral / active EE | $4,861 | $1,838+164.4% | $3,537+37.4% | $3,224+50.8% |
| Admin fee / account holder | $29 | $103-71.5% | $4,561-99.4% | $110-73.5% |