Filed November 1, 2013 (most recent of 3 filings on file)
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 | $39,601 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $50,651 | $67,166-24.6% | $57,343-11.7% | $55,191-8.2% |
| Participation rate | 54.1% | 77.7%-23.6pp | 75.1%-21.0pp | 69.2%-15.1pp |
| Annual return | 1.05% | 4.22%-3.2pp | 24.39%-23.3pp | 10.78%-9.7pp |
| Employer contribution / active EE | $1,486 | $2,812-47.2% | $2,689-44.7% | $1,899-21.7% |
| Participant deferral / active EE | $2,043 | $2,835-27.9% | $3,162-35.4% | $3,046-32.9% |
| Admin fee / account holder | $111 | $44+155.4% | $3,356-96.7% | $91+22.5% |