Filed April 15, 1998
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 | $49,113 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $77,222 | $79,523-2.9% | $140,016-44.8% | $56,287+37.2% |
| Participation rate | 92.1% | 85.7%+6.3pp | 87.5%+4.6pp | 69.9%+22.2pp |
| Annual return | -4.26% | 2.39%-6.7pp | 651.12%-655.4pp | -9.96%+5.7pp |
| Employer contribution / active EE | $1,461 | $3,350-56.4% | $5,606-73.9% | $2,111-30.8% |
| Participant deferral / active EE | $5,311 | $5,129+3.6% | $6,927-23.3% | $3,350+58.5% |
| Admin fee / account holder | $311 | $614-49.4% | $10,705-97.1% | $521-40.3% |