Filed August 26, 2014
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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,885 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,685 | $65,908-59.5% | $81,812-67.4% | $77,643-65.6% |
| Participation rate | 33.9% | 65.8%-31.9pp | 72.3%-38.4pp | 70.6%-36.6pp |
| Annual return | 11.01% | 26.64%-15.6pp | 773.79%-762.8pp | 31.24%-20.2pp |
| Employer contribution / active EE | $401 | $2,370-83.1% | $2,912-86.2% | $2,726-85.3% |
| Participant deferral / active EE | $952 | $3,505-72.8% | $4,319-77.9% | $4,647-79.5% |
| Admin fee / account holder | $167 | $526-68.2% | $7,386-97.7% | $430-61.1% |