Filed June 7, 2014
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,877 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $25,056 | $81,321-69.2% | $68,509-63.4% | $59,188-57.7% |
| Participation rate | 81.4% | 83.8%-2.5pp | 74.7%+6.7pp | 69.4%+12.0pp |
| Annual return | 1.07% | 4.65%-3.6pp | 8.27%-7.2pp | 5.51%-4.4pp |
| Employer contribution / active EE | $839 | $3,297-74.6% | $2,278-63.2% | $2,098-60.0% |
| Participant deferral / active EE | $2,263 | $4,592-50.7% | $3,382-33.1% | $3,265-30.7% |
| Admin fee / account holder | $17 | $62-72.3% | $5,275-99.7% | $92-81.5% |