Filed October 21, 2008
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 |
|---|---|---|
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $12,611 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,280 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $14,924 | $41,467-64.0% | $67,313-77.8% | $55,725-73.2% |
| Participation rate | 72.2% | 62.5%+9.7pp | 69.1%+3.1pp | 70.9%+1.3pp |
| Annual return | -6.21% | 0.82%-7.0pp | -4.08%-2.1pp | 244.93%-251.1pp |
| Employer contribution / active EE | $285 | $1,316-78.4% | $2,566-88.9% | $2,078-86.3% |
| Participant deferral / active EE | $1,169 | $2,399-51.3% | $3,568-67.2% | $3,356-65.2% |
| Admin fee / account holder | $24 | $102-76.2% | $4,507-99.5% | $115-78.9% |