Filed January 30, 2004
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 |
|---|---|---|
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $96,750 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $61,429 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $8,177,056 | $66,124+12266.2% | $90,404+8945.0% | $73,488+11027.0% |
| Participation rate | 0.0% | 69.7%-69.7pp | 72.7%-72.7pp | 70.7%-70.7pp |
| Annual return | 15.68% | 17.65%-2.0pp | 1293.02%-1277.3pp | 28.51%-12.8pp |
| Employer contribution / active EE | $8,671 | $2,346+269.6% | $3,262+165.8% | $2,270+282.0% |
| Participant deferral / active EE | $12,801 | $3,039+321.3% | $3,963+223.0% | $3,740+242.3% |
| Admin fee / account holder | $12,286 | $396+3000.8% | $5,611+119.0% | $513+2294.6% |