Filed September 2, 2008
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $72,867 |
Service code 27 · EIN 13-2638166 | Advisory (Plan) | $33,143 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $95,405 | $84,487+12.9% | $125,339-23.9% | $66,914+42.6% |
| Participation rate | 97.2% | 76.4%+20.8pp | 82.4%+14.9pp | 69.8%+27.4pp |
| Annual return | -15.84% | -8.39%-7.5pp | 572.05%-587.9pp | 1.58%-17.4pp |
| Employer contribution / active EE | $2,416 | $3,553-32.0% | $4,814-49.8% | $2,544-5.0% |
| Participant deferral / active EE | $9,717 | $6,781+43.3% | $7,446+30.5% | $4,237+129.3% |
| Admin fee / account holder | $331 | $685-51.6% | $10,010-96.7% | $593-44.2% |