Filed August 6, 2007
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,083 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $19,408 | $27,330-29.0% | $67,711-71.3% | $55,191-64.8% |
| Participation rate | 14.0% | 47.5%-33.5pp | 67.5%-53.5pp | 69.2%-55.2pp |
| Annual return | -3.21% | 8.81%-12.0pp | 25.41%-28.6pp | 10.78%-14.0pp |
| Employer contribution / active EE | $104 | $855-87.9% | $2,559-95.9% | $1,899-94.5% |
| Participant deferral / active EE | $802 | $1,709-53.1% | $3,585-77.6% | $3,046-73.7% |
| Admin fee / account holder | $93 | $109-15.0% | $4,255-97.8% | $91+2.4% |