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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,601 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $5,799 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $33,325 | $55,453-39.9% | $170,442-80.4% | $62,292-46.5% |
| Participation rate | 84.2% | 66.4%+17.8pp | 83.6%+0.6pp | 69.5%+14.7pp |
| Annual return | 20.92% | 21.38%-0.5pp | 205.93%-185.0pp | 28.90%-8.0pp |
| Employer contribution / active EE | $350 | $2,164-83.8% | $5,433-93.5% | $2,042-82.8% |
| Participant deferral / active EE | $3,171 | $2,303+37.7% | $4,939-35.8% | $3,169+0.1% |
| Admin fee / account holder | $31 | $455-93.2% | $13,880-99.8% | $479-93.5% |