Filed October 24, 2006
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,267 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $25,480 | $36,916-31.0% | $156,549-83.7% | $57,658-55.8% |
| Participation rate | 55.4% | 63.4%-8.0pp | 84.0%-28.6pp | 70.2%-14.8pp |
| Annual return | 0.68% | 12.38%-11.7pp | 32.23%-31.5pp | 5.13%-4.5pp |
| Employer contribution / active EE | $250 | $1,571-84.1% | $5,501-95.5% | $1,974-87.4% |
| Participant deferral / active EE | $1,943 | $1,926+0.9% | $4,871-60.1% | $3,061-36.5% |
| Admin fee / account holder | $13 | $82-84.0% | $13,027-99.9% | $95-86.0% |