Filed April 18, 2005
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 | $284,425 |
Filed as: RESOURCES INVESTMENT ADVISORS INC Service code 27 · EIN 43-1451524 | Advisory (Plan) | $65,485 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $51,343 | $33,780+52.0% | $74,550-31.1% | $75,289-31.8% |
| Participation rate | 40.0% | 62.7%-22.6pp | 69.1%-29.1pp | 72.4%-32.4pp |
| Annual return | -6.43% | -1.24%-5.2pp | 32.53%-39.0pp | -0.04%-6.4pp |
| Employer contribution / active EE | $304 | $845-64.0% | $1,961-84.5% | $2,405-87.4% |
| Participant deferral / active EE | $2,181 | $1,890+15.4% | $3,108-29.8% | $3,739-41.7% |
| Admin fee / account holder | $162 | $86+87.5% | $5,060-96.8% | $102+58.2% |