Filed May 4, 2005
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 | $14,177 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $11,734 | $37,117-68.4% | $147,614-92.1% | $55,191-78.7% |
| Participation rate | 68.9% | 63.6%+5.3pp | 84.6%-15.7pp | 69.2%-0.2pp |
| Annual return | -1.55% | 3.44%-5.0pp | 61.98%-63.5pp | 10.78%-12.3pp |
| Employer contribution / active EE | $1,021 | $1,620-37.0% | $5,564-81.6% | $1,899-46.2% |
| Participant deferral / active EE | $990 | $1,985-50.1% | $4,895-79.8% | $3,046-67.5% |
| Admin fee / account holder | $39 | $86-54.6% | $11,611-99.7% | $91-57.2% |