Filed April 12, 2007
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 | $14,170 |
Service code 27 · EIN 13-2638166 | Advisory (Plan) | $7,406 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $9,680 | $36,916-73.8% | $156,549-93.8% | $57,658-83.2% |
| Participation rate | 47.2% | 63.4%-16.2pp | 84.0%-36.8pp | 70.2%-23.0pp |
| Annual return | 7.06% | 12.38%-5.3pp | 32.23%-25.2pp | 5.13%+1.9pp |
| Employer contribution / active EE | $313 | $1,571-80.1% | $5,501-94.3% | $1,974-84.2% |
| Participant deferral / active EE | $675 | $1,926-64.9% | $4,871-86.1% | $3,061-77.9% |
| Admin fee / account holder | $93 | $82+12.3% | $13,027-99.3% | $95-2.0% |