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 | $68,386 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $24,106 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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).
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 | $13,878 | $54,237-74.4% | $90,281-84.6% | $67,579-79.5% |
| Participation rate | 98.9% | 68.6%+30.3pp | 73.3%+25.7pp | 71.3%+27.7pp |
| Annual return | 18.90% | 37.27%-18.4pp | 78.10%-59.2pp | 378.56%-359.7pp |
| Employer contribution / active EE | $484 | $1,846-73.8% | $2,854-83.0% | $2,148-77.4% |
| Participant deferral / active EE | $1,444 | $2,625-45.0% | $3,885-62.8% | $3,539-59.2% |
| Admin fee / account holder | $142 | $123+15.2% | $5,351-97.3% | $142-0.1% |