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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $27,337 |
Service code 49 · EIN 13-5674085 | Other Services | $2,862 |
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.
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 | $12,108 | $72,770-83.4% | $67,652-82.1% | $55,191-78.1% |
| Participation rate | 95.6% | 78.8%+16.8pp | 75.7%+19.9pp | 69.2%+26.4pp |
| Annual return | 0.31% | -3.26%+3.6pp | 6625.04%-6624.7pp | 10.78%-10.5pp |
| Employer contribution / active EE | $949 | $1,769-46.4% | $2,266-58.1% | $1,899-50.0% |
| Participant deferral / active EE | $1,442 | $3,408-57.7% | $3,560-59.5% | $3,046-52.7% |
| Admin fee / account holder | $46 | $79-41.5% | $4,821-99.0% | $91-49.2% |