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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,430 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $5,404 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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 | $31,536 | $74,347-57.6% | $93,606-66.3% | $67,579-53.3% |
| Participation rate | 71.0% | 80.6%-9.6pp | 75.8%-4.8pp | 71.3%-0.2pp |
| Annual return | -0.28% | 28.07%-28.4pp | 32.76%-33.0pp | 378.56%-378.8pp |
| Employer contribution / active EE | $485 | $2,583-81.2% | $2,718-82.2% | $2,148-77.4% |
| Participant deferral / active EE | $2,320 | $4,060-42.9% | $4,069-43.0% | $3,539-34.4% |
| Admin fee / account holder | $242 | $123+97.4% | $7,888-96.9% | $142+70.2% |