Filed August 14, 2023
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 |
|---|---|---|
Service code 49 · EIN 52-2114207 | Other Services | $28,817 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,886 |
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 | $102,153 | $88,515+15.4% | $162,163-37.0% | $67,579+51.2% |
| Participation rate | 91.6% | 86.8%+4.8pp | 87.6%+4.0pp | 71.3%+20.3pp |
| Annual return | 22.77% | 27.04%-4.3pp | 115.59%-92.8pp | 378.56%-355.8pp |
| Employer contribution / active EE | $1,423 | $3,563-60.1% | $5,614-74.6% | $2,148-33.7% |
| Participant deferral / active EE | $4,953 | $5,724-13.5% | $7,298-32.1% | $3,539+39.9% |
| Admin fee / account holder | $29 | $124-76.7% | $10,843-99.7% | $142-79.7% |