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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,558 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $22,351 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,418 | $43,999-83.1% | $79,464-90.7% | $55,725-86.7% |
| Participation rate | 97.7% | 66.9%+30.8pp | 73.3%+24.4pp | 70.9%+26.9pp |
| Annual return | 16.88% | 1.81%+15.1pp | 718.14%-701.3pp | 244.93%-228.0pp |
| Employer contribution / active EE | $274 | $1,830-85.0% | $2,800-90.2% | $2,078-86.8% |
| Participant deferral / active EE | $781 | $2,538-69.2% | $3,704-78.9% | $3,356-76.7% |
| Admin fee / account holder | $66 | $118-43.9% | $5,113-98.7% | $115-42.7% |