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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,716 |
Service code 49 · EIN 95-3410460 | Other Services | $1,348 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,096 | $93,182+13.9% | $146,665-27.7% | $79,386+33.6% |
| Participation rate | 51.9% | 76.4%-24.5pp | 80.1%-28.1pp | 70.7%-18.8pp |
| Annual return | 16.21% | 21.61%-5.4pp | 22.74%-6.5pp | 116.85%-100.6pp |
| Employer contribution / active EE | $1,719 | $2,420-28.9% | $4,136-58.4% | $2,427-29.2% |
| Participant deferral / active EE | $3,175 | $4,169-23.8% | $5,506-42.3% | $4,046-21.5% |
| Admin fee / account holder | $37 | $585-93.6% | $10,280-99.6% | $626-94.1% |