Filed November 4, 2016
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 9-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 | $102,073 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $49,715 | $37,213+33.6% | $156,549-68.2% | $63,975-22.3% |
| Participation rate | 61.2% | 65.0%-3.8pp | 84.0%-22.8pp | 71.1%-9.9pp |
| Annual return | 0.00% | 47.89%-47.9pp | 32.23%-32.2pp | 48.65%-48.7pp |
| Employer contribution / active EE | $367 | $1,357-73.0% | $5,501-93.3% | $2,182-83.2% |
| Participant deferral / active EE | $1,169 | $2,070-43.5% | $4,871-76.0% | $3,356-65.2% |
| Admin fee / account holder | $38 | $56-32.4% | $13,027-99.7% | $70-45.9% |