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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,945 |
Service code 49 · EIN 95-3410460 | Other Services | $1,390 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $88,544 | $91,552-3.3% | $133,956-33.9% | $79,858+10.9% |
| Participation rate | 62.6% | 73.3%-10.7pp | 79.8%-17.2pp | 69.6%-7.0pp |
| Annual return | 12.33% | 61.85%-49.5pp | 45.09%-32.8pp | 31.71%-19.4pp |
| Employer contribution / active EE | $1,808 | $2,384-24.2% | $3,919-53.9% | $2,471-26.8% |
| Participant deferral / active EE | $3,247 | $3,733-13.0% | $5,048-35.7% | $3,740-13.2% |
| Admin fee / account holder | $52 | $6,321-99.2% | $8,927-99.4% | $5,306-99.0% |