Filed May 21, 2012
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 | $13,709 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $41,755 | $70,002-40.4% | $115,037-63.7% | $52,331-20.2% |
| Participation rate | 85.3% | 72.1%+13.2pp | 81.4%+4.0pp | 68.1%+17.2pp |
| Annual return | -2.25% | 4.04%-6.3pp | 26.14%-28.4pp | 4.54%-6.8pp |
| Employer contribution / active EE | $2,323 | $2,715-14.5% | $4,608-49.6% | $1,882+23.4% |
| Participant deferral / active EE | $5,542 | $4,920+12.6% | $6,026-8.0% | $3,022+83.4% |
| Admin fee / account holder | $131 | $566-76.9% | $8,175-98.4% | $592-77.9% |