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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,872 |
Service code 49 · EIN 52-2114207 | Other Services | $11,380 |
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.
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 | $46,337 | $52,293-11.4% | $178,490-74.0% | $73,409-36.9% |
| Participation rate | 36.2% | 65.3%-29.2pp | 81.9%-45.8pp | 72.2%-36.0pp |
| Annual return | 5.98% | 34.75%-28.8pp | 151.07%-145.1pp | 59.29%-53.3pp |
| Employer contribution / active EE | $336 | $1,735-80.6% | $5,011-93.3% | $2,234-84.9% |
| Participant deferral / active EE | $938 | $2,332-59.8% | $5,202-82.0% | $3,805-75.3% |
| Admin fee / account holder | $90 | $127-29.3% | $13,984-99.4% | $158-43.0% |