Filed April 29, 1993
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $51,788 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $26,055 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,856 | $58,926-15.4% | $97,226-48.7% | $74,495-33.1% |
| Participation rate | 57.5% | 63.5%-6.0pp | 72.7%-15.2pp | 67.2%-9.7pp |
| Annual return | 14.29% | 16.04%-1.7pp | 75.13%-60.8pp | 1364.94%-1350.7pp |
| Employer contribution / active EE | $739 | $1,894-61.0% | $2,729-72.9% | $2,623-71.8% |
| Participant deferral / active EE | $1,153 | $3,664-68.5% | $4,264-73.0% | $4,346-73.5% |
| Admin fee / account holder | $322 | $1,974-83.7% | $5,654-94.3% | $1,942-83.4% |