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 | $12,907 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $11,296 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,420 | $51,288-66.0% | $81,983-78.8% | $73,409-76.3% |
| Participation rate | 78.8% | 64.0%+14.8pp | 69.2%+9.6pp | 72.2%+6.6pp |
| Annual return | 16.00% | 29.48%-13.5pp | 41.31%-25.3pp | 59.29%-43.3pp |
| Employer contribution / active EE | $348 | $1,487-76.6% | $2,498-86.1% | $2,234-84.4% |
| Participant deferral / active EE | $1,555 | $2,715-42.7% | $3,722-58.2% | $3,805-59.1% |
| Admin fee / account holder | $26 | $125-79.1% | $5,664-99.5% | $158-83.4% |