Filed June 2, 2003
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $140,551 |
Service code 27 · EIN 75-3204798 | Advisory (Plan) | $82,879 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,847 | $78,275+17.3% | $109,143-15.8% | $86,799+5.8% |
| Participation rate | 99.0% | 73.8%+25.1pp | 75.9%+23.1pp | 72.3%+26.7pp |
| Annual return | 14.72% | 19.14%-4.4pp | 25.75%-11.0pp | 97.91%-83.2pp |
| Employer contribution / active EE | $2,963 | $3,105-4.6% | $3,722-20.4% | $2,405+23.2% |
| Participant deferral / active EE | $7,459 | $3,641+104.9% | $4,653+60.3% | $4,131+80.6% |
| Admin fee / account holder | $351 | $198+76.6% | $6,752-94.8% | $170+106.7% |