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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $67,568 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $16,893 |
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).
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 | $50,012 | $81,908-38.9% | $90,749-44.9% | $64,808-22.8% |
| Participation rate | 64.7% | 80.5%-15.8pp | 75.7%-11.0pp | 71.5%-6.8pp |
| Annual return | 3.76% | -12.53%+16.3pp | -12.16%+15.9pp | 32.82%-29.1pp |
| Employer contribution / active EE | $1,141 | $3,065-62.8% | $2,921-60.9% | $2,506-54.5% |
| Participant deferral / active EE | $2,916 | $4,840-39.8% | $4,564-36.1% | $4,310-32.4% |
| Admin fee / account holder | $293 | $157+86.1% | $8,445-96.5% | $188+55.8% |