Filed October 18, 2004
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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $48,795 |
401(K) ADVISORS INC2 years Service code 27 · EIN 33-0905143 | Advisory (Plan) | $18,700 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $97,530 | $51,620+88.9% | $90,281+8.0% | $65,185+49.6% |
| Participation rate | 34.1% | 68.6%-34.6pp | 73.3%-39.2pp | 70.2%-36.1pp |
| Annual return | 22.69% | 24.94%-2.2pp | 78.10%-55.4pp | 29.38%-6.7pp |
| Employer contribution / active EE | $202 | $2,235-91.0% | $2,854-92.9% | $2,177-90.7% |
| Participant deferral / active EE | $1,836 | $2,871-36.0% | $3,885-52.7% | $3,514-47.7% |
| Admin fee / account holder | $390 | $384+1.6% | $5,351-92.7% | $847-53.9% |