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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $430,359 |
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 | $60,596 | $56,095+8.0% | $178,490-66.1% | $90,288-32.9% |
| Participation rate | 95.9% | 65.6%+30.3pp | 81.9%+13.9pp | 73.4%+22.5pp |
| Annual return | 16.08% | 28.81%-12.7pp | 151.07%-135.0pp | 53.97%-37.9pp |
| Employer contribution / active EE | $2,411 | $1,572+53.4% | $5,011-51.9% | $2,524-4.5% |
| Participant deferral / active EE | $3,616 | $2,669+35.5% | $5,202-30.5% | $4,232-14.6% |
| Admin fee / account holder | $139 | $101+38.6% | $13,984-99.0% | $114+22.3% |