Filed January 17, 2006 (most recent of 2 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 | $31,230 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $33,097 | $65,223-49.3% | $80,019-58.6% | $55,725-40.6% |
| Participation rate | 70.0% | 80.6%-10.6pp | 75.8%-5.8pp | 70.9%-0.9pp |
| Annual return | 16.93% | 7.59%+9.3pp | 11.22%+5.7pp | 244.93%-228.0pp |
| Employer contribution / active EE | $437 | $2,544-82.8% | $2,468-82.3% | $2,078-79.0% |
| Participant deferral / active EE | $2,099 | $3,881-45.9% | $3,686-43.0% | $3,356-37.4% |
| Admin fee / account holder | $152 | $114+32.7% | $6,521-97.7% | $115+31.6% |