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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $70,389 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $40,000 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $213,323 | $63,745+234.7% | $98,442+116.7% | $79,386+168.7% |
| Participation rate | 98.9% | 69.9%+29.0pp | 73.3%+25.6pp | 70.7%+28.2pp |
| Annual return | 15.84% | 625.80%-610.0pp | 1492.73%-1476.9pp | 116.85%-101.0pp |
| Employer contribution / active EE | $8,878 | $2,557+247.2% | $2,960+200.0% | $2,427+265.7% |
| Participant deferral / active EE | $13,571 | $3,303+310.8% | $4,276+217.4% | $4,046+235.4% |
| Admin fee / account holder | $309 | $516-40.0% | $5,949-94.8% | $626-50.7% |