Filed April 8, 2005 (most recent of 3 filings on file)
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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $58,660 |
RSM US LLP1 year Service code 10 · EIN 42-0714325 | Accounting | $17,356 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $9,443 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $65,969 | $64,909+1.6% | $82,313-19.9% | $62,292+5.9% |
| Participation rate | 95.4% | 74.9%+20.5pp | 76.9%+18.5pp | 69.5%+25.9pp |
| Annual return | 11.66% | 21.18%-9.5pp | 25.88%-14.2pp | 28.90%-17.2pp |
| Employer contribution / active EE | $1,706 | $1,676+1.8% | $2,428-29.8% | $2,042-16.5% |
| Participant deferral / active EE | $3,744 | $3,103+20.6% | $3,706+1.0% | $3,169+18.1% |
| Admin fee / account holder | $344 | $440-21.8% | $5,608-93.9% | $479-28.2% |