Filed July 21, 2006
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.
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $72,113 |
Service code 49 · EIN 74-2794194 | Other Services | $7,215 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,669 | $92,090-55.8% | $106,201-61.7% | $77,671-47.6% |
| Participation rate | 86.2% | 81.0%+5.2pp | 75.3%+10.9pp | 70.6%+15.6pp |
| Annual return | 11.22% | 17.89%-6.7pp | 116.26%-105.0pp | 31.21%-20.0pp |
| Employer contribution / active EE | $1,166 | $3,368-65.4% | $3,170-63.2% | $2,726-57.2% |
| Participant deferral / active EE | $3,356 | $5,386-37.7% | $5,012-33.0% | $4,648-27.8% |
| Admin fee / account holder | $178 | $219-18.9% | $11,039-98.4% | $430-58.7% |