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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $33,716 |
NFP RETIREMENT INC2 years Filed as: NFP ADVISOR SERVICES LLC Service code 27 · EIN 74-2794194 | Advisory (Plan) | $9,827 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $19,755 | $44,473-55.6% | $76,523-74.2% | $55,725-64.5% |
| Participation rate | 19.3% | 51.0%-31.7pp | 68.0%-48.7pp | 70.9%-51.6pp |
| Annual return | -7.01% | -2.01%-5.0pp | -0.27%-6.7pp | 244.93%-251.9pp |
| Employer contribution / active EE | $154 | $1,101-86.0% | $2,647-94.2% | $2,078-92.6% |
| Participant deferral / active EE | $1,185 | $1,988-40.4% | $3,835-69.1% | $3,356-64.7% |
| Admin fee / account holder | $216 | $134+61.1% | $4,848-95.5% | $115+87.6% |