Filed October 18, 2004
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 | $12,687 |
Service code 49 · EIN 52-2114207 | Other Services | $10,737 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $40,750 | $62,928-35.2% | $172,739-76.4% | $67,579-39.7% |
| Participation rate | 36.4% | 64.5%-28.0pp | 82.6%-46.2pp | 71.3%-34.9pp |
| Annual return | 1.23% | 30.36%-29.1pp | 802.84%-801.6pp | 378.56%-377.3pp |
| Employer contribution / active EE | $290 | $1,636-82.3% | $5,143-94.4% | $2,148-86.5% |
| Participant deferral / active EE | $775 | $2,145-63.9% | $5,198-85.1% | $3,539-78.1% |
| Admin fee / account holder | $84 | $167-49.6% | $13,954-99.4% | $142-40.9% |