Filed August 20, 2012
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 | $104,417 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $62,953 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $53,026 | $36,321+46.0% | $89,391-40.7% | $106,222-50.1% |
| Participation rate | 11.4% | 29.8%-18.4pp | 68.0%-56.5pp | 70.8%-59.4pp |
| Annual return | 24.05% | 24.00%+0.1pp | 245.62%-221.6pp | 21.69%+2.4pp |
| Employer contribution / active EE | $414 | $507-18.4% | $2,586-84.0% | $2,723-84.8% |
| Participant deferral / active EE | $1,157 | $1,286-10.0% | $3,890-70.3% | $4,600-74.8% |
| Admin fee / account holder | $105 | $78+35.1% | $4,881-97.8% | $78+34.2% |