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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $29,708 |
Annual investment return 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $19,398 | $69,305-72.0% | $82,313-76.4% | $69,631-72.1% |
| Participation rate | 95.9% | 80.3%+15.7pp | 76.9%+19.0pp | 70.7%+25.3pp |
| Annual return | 14.12% | 21.47%-7.3pp | 25.88%-11.8pp | 27571.02%-27556.9pp |
| Employer contribution / active EE | $694 | $1,887-63.2% | $2,428-71.4% | $2,032-65.9% |
| Participant deferral / active EE | $1,802 | $3,568-49.5% | $3,706-51.4% | $3,224-44.1% |
| Admin fee / account holder | $57 | $97-40.9% | $5,608-99.0% | $110-48.0% |