Filed December 2, 2024 (most recent of 2 filings on file)
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $128,786 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,578 | $82,972+44.1% | $103,374+15.7% | $77,671+54.0% |
| Participation rate | 91.3% | 71.5%+19.8pp | 74.5%+16.8pp | 70.6%+20.7pp |
| Annual return | 19.04% | 19.14%-0.1pp | 24.89%-5.8pp | 31.21%-12.2pp |
| Employer contribution / active EE | $11,586 | $3,554+226.0% | $3,869+199.4% | $2,726+325.0% |
| Participant deferral / active EE | $7,965 | $4,108+93.9% | $5,058+57.5% | $4,648+71.4% |
| Admin fee / account holder | $90 | $639-85.9% | $8,394-98.9% | $430-79.1% |