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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $193,019 |
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 | $42,846 | $105,190-59.3% | $98,907-56.7% | $90,288-52.5% |
| Participation rate | 98.6% | 86.4%+12.3pp | 76.0%+22.6pp | 73.4%+25.3pp |
| Annual return | 14.75% | 18.52%-3.8pp | 196.43%-181.7pp | 53.97%-39.2pp |
| Employer contribution / active EE | $0 | $3,831-100.0% | $2,689-100.0% | $2,524-100.0% |
| Participant deferral / active EE | $3,749 | $5,616-33.2% | $4,244-11.7% | $4,232-11.4% |
| Admin fee / account holder | $109 | $97+12.4% | $6,642-98.4% | $114-4.1% |