Filed March 21, 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $85,162 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $20,465 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $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 | $54,870 | $55,472-1.1% | $155,567-64.7% | $74,546-26.4% |
| Participation rate | 97.2% | 61.9%+35.2pp | 78.2%+19.0pp | 67.2%+29.9pp |
| Annual return | 15.17% | 268.72%-253.5pp | 64.74%-49.6pp | 1366.03%-1350.9pp |
| Employer contribution / active EE | $3,275 | $2,269+44.4% | $4,674-29.9% | $2,624+24.8% |
| Participant deferral / active EE | $5,245 | $2,838+84.8% | $5,628-6.8% | $4,347+20.7% |
| Admin fee / account holder | $277 | $1,743-84.1% | $15,916-98.3% | $1,944-85.7% |