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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,567 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,550 | $100,801-60.8% | $149,696-73.6% | $73,409-46.1% |
| Participation rate | 56.0% | 77.7%-21.7pp | 82.5%-26.5pp | 72.2%-16.2pp |
| Annual return | 20.07% | 265.34%-245.3pp | 276.60%-256.5pp | 59.29%-39.2pp |
| Employer contribution / active EE | $1,217 | $3,312-63.3% | $4,644-73.8% | $2,234-45.5% |
| Participant deferral / active EE | $2,065 | $6,404-67.8% | $6,842-69.8% | $3,805-45.7% |
| Admin fee / account holder | $57 | $181-68.6% | $9,309-99.4% | $158-64.0% |