Filed January 2, 1996
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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,336 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $34,265 | $88,122-61.1% | $141,162-75.7% | $67,579-49.3% |
| Participation rate | 53.7% | 76.5%-22.8pp | 82.5%-28.8pp | 71.3%-17.6pp |
| Annual return | 23.33% | 75.40%-52.1pp | 71.39%-48.1pp | 378.56%-355.2pp |
| Employer contribution / active EE | $894 | $3,224-72.3% | $4,735-81.1% | $2,148-58.4% |
| Participant deferral / active EE | $1,570 | $5,958-73.6% | $6,709-76.6% | $3,539-55.6% |
| Admin fee / account holder | $30 | $131-76.7% | $10,261-99.7% | $142-78.6% |