Filed July 23, 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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $29,066 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,607 | $46,292+2.8% | $143,757-66.9% | $64,808-26.5% |
| Participation rate | 66.7% | 64.2%+2.5pp | 80.3%-13.6pp | 71.5%-4.8pp |
| Annual return | -14.32% | -10.05%-4.3pp | -0.04%-14.3pp | 32.82%-47.1pp |
| Employer contribution / active EE | $1,730 | $1,910-9.4% | $4,951-65.1% | $2,506-31.0% |
| Participant deferral / active EE | $2,460 | $2,646-7.0% | $5,637-56.4% | $4,310-42.9% |
| Admin fee / account holder | $79 | $154-48.5% | $14,673-99.5% | $188-57.8% |