Filed July 30, 2004
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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $125,092 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $60,000 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $41,615 | $45,382-8.3% | $154,107-73.0% | $75,289-44.7% |
| Participation rate | 96.0% | 65.9%+30.1pp | 83.0%+13.0pp | 72.4%+23.6pp |
| Annual return | -4.88% | -0.47%-4.4pp | 735.12%-740.0pp | -0.04%-4.8pp |
| Employer contribution / active EE | $2,143 | $1,533+39.8% | $5,298-59.5% | $2,405-10.9% |
| Participant deferral / active EE | $3,146 | $2,384+32.0% | $5,081-38.1% | $3,739-15.8% |
| Admin fee / account holder | $42 | $89-53.0% | $13,411-99.7% | $102-58.9% |