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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $605,225 |
Service code 14 · EIN 75-3204798 | Plan Administrator | $180,662 |
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 | $169,956 | $92,091+84.6% | $63,018+169.7% | $77,958+118.0% |
| Participation rate | 68.7% | 74.5%-5.8pp | 74.8%-6.1pp | 71.6%-3.0pp |
| Annual return | 16.60% | 16.23%+0.4pp | 87.63%-71.0pp | 20.87%-4.3pp |
| Employer contribution / active EE | $2,519 | $3,424-26.4% | $2,761-8.8% | $2,310+9.0% |
| Participant deferral / active EE | $3,402 | $3,361+1.2% | $3,330+2.2% | $3,537-3.8% |
| Admin fee / account holder | $65 | $48+36.6% | $3,601-98.2% | $97-32.8% |