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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,207 |
DRAKE-WILLIAMS STEEL, INC2+ years Filed as: DRAKE, CRAIG J. Service code 49 8530 EAGLE POINT BLVD · LAKE ELMO, MN 550428650 | Other Services | $1,587 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,779 | $46,732-40.6% | $156,549-82.3% | $55,167-49.6% |
| Participation rate | 85.1% | 65.8%+19.3pp | 84.0%+1.0pp | 69.0%+16.1pp |
| Annual return | 7.30% | 17.72%-10.4pp | 32.23%-24.9pp | 169.23%-161.9pp |
| Employer contribution / active EE | $368 | $2,105-82.5% | $5,501-93.3% | $1,963-81.2% |
| Participant deferral / active EE | $3,117 | $2,204+41.4% | $4,871-36.0% | $3,054+2.0% |
| Admin fee / account holder | $27 | $418-93.6% | $13,027-99.8% | $504-94.7% |