Filed November 8, 2010
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 | $57,996 |
Service code 49 · EIN 95-3074590 | Other Services | $7,081 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $129,054 | $79,428+62.5% | $106,548+21.1% | $79,386+62.6% |
| Participation rate | 78.6% | 74.1%+4.4pp | 76.1%+2.4pp | 70.7%+7.9pp |
| Annual return | 13.51% | 18.27%-4.8pp | 26.80%-13.3pp | 116.85%-103.3pp |
| Employer contribution / active EE | $1,722 | $2,234-22.9% | $2,819-38.9% | $2,427-29.0% |
| Participant deferral / active EE | $4,249 | $3,823+11.1% | $4,398-3.4% | $4,046+5.0% |
| Admin fee / account holder | $580 | $523+10.9% | $7,407-92.2% | $626-7.4% |