Filed October 6, 1992
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $61,639 |
Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 · EIN 59-1237041 | Advisory (Plan) | $12,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,570 | $55,441-50.3% | $76,002-63.7% | $77,671-64.5% |
| Participation rate | 62.7% | 63.6%-0.9pp | 69.1%-6.4pp | 70.6%-7.9pp |
| Annual return | 10.37% | 17.08%-6.7pp | 360.07%-349.7pp | 31.21%-20.8pp |
| Employer contribution / active EE | $1,019 | $1,789-43.1% | $2,688-62.1% | $2,726-62.6% |
| Participant deferral / active EE | $2,915 | $3,451-15.5% | $4,257-31.5% | $4,648-37.3% |
| Admin fee / account holder | $314 | $407-22.7% | $6,414-95.1% | $430-26.9% |