Filed October 18, 2004 (most recent of 2 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.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $423,625 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,684 | $87,670-19.4% | $123,105-42.6% | $69,651+1.5% |
| Participation rate | 95.8% | 87.8%+8.1pp | 86.8%+9.1pp | 66.6%+29.3pp |
| Annual return | 1.21% | 3.10%-1.9pp | 13.22%-12.0pp | 53.77%-52.6pp |
| Employer contribution / active EE | $863 | $3,511-75.4% | $5,151-83.2% | $2,241-61.5% |
| Participant deferral / active EE | $7,583 | $5,412+40.1% | $6,229+21.7% | $3,635+108.6% |
| Admin fee / account holder | $39 | $94-58.6% | $9,014-99.6% | $63-38.3% |