Filed March 6, 2012
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $38,794 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $17,100 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,714 | $29,546+142.7% | $56,441+27.1% | $77,671-7.7% |
| Participation rate | 29.4% | 32.7%-3.3pp | 52.5%-23.1pp | 70.6%-41.2pp |
| Annual return | 13.09% | 19.01%-5.9pp | 1704.21%-1691.1pp | 31.21%-18.1pp |
| Employer contribution / active EE | $268 | $568-52.9% | $1,039-74.3% | $2,726-90.2% |
| Participant deferral / active EE | $1,265 | $1,061+19.2% | $1,953-35.2% | $4,648-72.8% |
| Admin fee / account holder | $351 | $1,046-66.4% | $2,829-87.6% | $430-18.4% |