Filed March 9, 2010
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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,080 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $4,445 |
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).
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 | $97,079 | $58,083+67.1% | $80,019+21.3% | $56,287+72.5% |
| Participation rate | 94.0% | 73.6%+20.4pp | 75.8%+18.1pp | 69.9%+24.1pp |
| Annual return | -4.71% | 34.61%-39.3pp | 11.22%-15.9pp | -9.96%+5.2pp |
| Employer contribution / active EE | $2,199 | $1,932+13.8% | $2,468-10.9% | $2,111+4.2% |
| Participant deferral / active EE | $5,307 | $3,135+69.3% | $3,686+44.0% | $3,350+58.4% |
| Admin fee / account holder | $370 | $623-40.5% | $6,521-94.3% | $521-28.9% |