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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $135,382 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $86,735 | $118,337-26.7% | $189,513-54.2% | $93,030-6.8% |
| Participation rate | 58.5% | 89.1%-30.5pp | 87.8%-29.3pp | 73.9%-15.4pp |
| Annual return | 31.56% | 21.77%+9.8pp | 555.15%-523.6pp | 158.70%-127.1pp |
| Employer contribution / active EE | $0 | $4,204-100.0% | $6,162-100.0% | $2,706-100.0% |
| Participant deferral / active EE | $4,071 | $7,123-42.8% | $8,221-50.5% | $4,562-10.8% |
| Admin fee / account holder | $125 | $100+25.9% | $12,045-99.0% | $152-17.3% |