Filed August 13, 2008
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,234 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,789 | $63,905-87.8% | $74,183-89.5% | $57,658-86.5% |
| Participation rate | 94.0% | 79.8%+14.2pp | 76.6%+17.4pp | 70.2%+23.8pp |
| Annual return | 7.37% | 60.60%-53.2pp | 17.74%-10.4pp | 5.13%+2.2pp |
| Employer contribution / active EE | $853 | $1,840-53.7% | $2,370-64.0% | $1,974-56.8% |
| Participant deferral / active EE | $291 | $3,448-91.6% | $3,550-91.8% | $3,061-90.5% |
| Admin fee / account holder | $41 | $91-54.9% | $5,586-99.3% | $95-56.5% |