Filed March 18, 2011
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 | $103,503 |
Service code 27 · EIN 26-1334111 | Advisory (Plan) | $50,753 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,649 | $92,090-51.5% | $106,201-58.0% | $77,671-42.5% |
| Participation rate | 93.2% | 81.0%+12.1pp | 75.3%+17.9pp | 70.6%+22.6pp |
| Annual return | 10.51% | 17.89%-7.4pp | 116.26%-105.8pp | 31.21%-20.7pp |
| Employer contribution / active EE | $2,790 | $3,368-17.2% | $3,170-12.0% | $2,726+2.3% |
| Participant deferral / active EE | $3,631 | $5,386-32.6% | $5,012-27.6% | $4,648-21.9% |
| Admin fee / account holder | $309 | $219+41.1% | $11,039-97.2% | $430-28.2% |