Filed March 26, 2002
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 | $7,817 |
Service code 49 · EIN 95-3410460 | Other Services | $1,275 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $57,466 | $66,302-13.3% | $110,238-47.9% | $56,287+2.1% |
| Participation rate | 42.5% | 74.9%-32.4pp | 79.8%-37.3pp | 69.9%-27.4pp |
| Annual return | -25.06% | -1.18%-23.9pp | 314.74%-339.8pp | -9.96%-15.1pp |
| Employer contribution / active EE | $1,113 | $2,047-45.6% | $3,826-70.9% | $2,111-47.3% |
| Participant deferral / active EE | $1,794 | $3,381-46.9% | $4,672-61.6% | $3,350-46.4% |
| Admin fee / account holder | $94 | $698-86.5% | $8,547-98.9% | $521-81.9% |