Filed January 23, 2006
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.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $84,719 |
CORNERSTONE ADVISORS ASSET MGMT1+ years Filed as: CORNERSTONE ADVISORS ASSET MGMT INC Service code 14 · EIN 23-2933229 | Plan Administrator | $84,699 |
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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $170,023 | $112,772+50.8% | $57,357+196.4% | $59,188+187.3% |
| Participation rate | 49.7% | 71.3%-21.6pp | 75.1%-25.4pp | 69.4%-19.7pp |
| Annual return | 1.18% | 0.85%+0.3pp | 24.41%-23.2pp | 5.51%-4.3pp |
| Employer contribution / active EE | $2,396 | $3,400-29.5% | $2,689-10.9% | $2,098+14.2% |
| Participant deferral / active EE | $3,363 | $3,010+11.7% | $3,162+6.4% | $3,265+3.0% |
| Admin fee / account holder | $22 | $144-84.5% | $3,357-99.3% | $92-75.8% |