Filed November 24, 1998 (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.
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $278,699 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $34,020 | $31,036+9.6% | $71,796-52.6% | $65,292-47.9% |
| Participation rate | 19.7% | 56.1%-36.4pp | 69.1%-49.4pp | 72.4%-52.7pp |
| Annual return | 15.38% | 8.62%+6.8pp | 78.04%-62.7pp | 11.84%+3.5pp |
| Employer contribution / active EE | $206 | $662-68.9% | $1,924-89.3% | $2,302-91.1% |
| Participant deferral / active EE | $585 | $1,336-56.2% | $2,794-79.1% | $3,579-83.7% |
| Admin fee / account holder | $155 | $65+138.7% | $4,815-96.8% | $57+170.1% |