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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $21,410 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $24,957 | $44,059-43.4% | $71,671-65.2% | $69,631-64.2% |
| Participation rate | 36.8% | 60.8%-24.0pp | 68.7%-32.0pp | 70.7%-33.9pp |
| Annual return | 19.59% | 21.97%-2.4pp | 20.65%-1.1pp | 27571.02%-27551.4pp |
| Employer contribution / active EE | $435 | $1,305-66.7% | $2,460-82.3% | $2,032-78.6% |
| Participant deferral / active EE | $1,252 | $2,370-47.1% | $3,438-63.6% | $3,224-61.1% |
| Admin fee / account holder | $145 | $108+34.4% | $5,558-97.4% | $110+31.0% |