Filed May 15, 2013
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 | $229,877 |
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.
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 | $36,136 | $96,403-62.5% | $93,606-61.4% | $77,787-53.5% |
| Participation rate | 99.3% | 87.6%+11.6pp | 75.8%+23.5pp | 73.2%+26.1pp |
| Annual return | 29.80% | 39.36%-9.6pp | 32.76%-3.0pp | 32.57%-2.8pp |
| Employer contribution / active EE | $0 | $3,616-100.0% | $2,718-100.0% | $2,504-100.0% |
| Participant deferral / active EE | $3,308 | $5,341-38.1% | $4,069-18.7% | $3,967-16.6% |
| Admin fee / account holder | $123 | $90+37.4% | $7,888-98.4% | $100+22.9% |