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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $42,127 |
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 | $123,266 | $70,908+73.8% | $98,907+24.6% | $73,488+67.7% |
| Participation rate | 94.0% | 73.8%+20.2pp | 76.0%+17.9pp | 70.7%+23.3pp |
| Annual return | 11.46% | 34.17%-22.7pp | 196.43%-185.0pp | 28.51%-17.1pp |
| Employer contribution / active EE | $2,241 | $2,036+10.0% | $2,689-16.7% | $2,270-1.3% |
| Participant deferral / active EE | $5,409 | $3,500+54.5% | $4,244+27.4% | $3,740+44.6% |
| Admin fee / account holder | $363 | $535-32.1% | $6,642-94.5% | $513-29.2% |