Filed October 6, 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $272,832 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $51,328 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,095 | $61,756-61.0% | $70,092-65.6% | $77,904-69.1% |
| Participation rate | 88.3% | 79.9%+8.4pp | 70.5%+17.9pp | 73.7%+14.7pp |
| Annual return | -15.60% | -11.86%-3.7pp | 190.73%-206.3pp | 12.21%-27.8pp |
| Employer contribution / active EE | $629 | $2,706-76.8% | $2,559-75.4% | $2,848-77.9% |
| Participant deferral / active EE | $2,906 | $3,977-26.9% | $3,849-24.5% | $4,806-39.5% |
| Admin fee / account holder | $138 | $101+36.5% | $6,267-97.8% | $133+4.3% |