Filed November 16, 2021 (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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $595,002 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $140,268 | $104,697+34.0% | $96,544+45.3% | $80,160+75.0% |
| Participation rate | 97.6% | 86.4%+11.2pp | 76.0%+21.7pp | 72.9%+24.7pp |
| Annual return | 19.42% | 21.78%-2.4pp | 25.84%-6.4pp | 40.38%-21.0pp |
| Employer contribution / active EE | $6,193 | $3,536+75.1% | $2,965+108.9% | $2,978+108.0% |
| Participant deferral / active EE | $9,710 | $6,188+56.9% | $4,851+100.2% | $5,017+93.5% |
| Admin fee / account holder | $112 | $107+5.2% | $8,252-98.6% | $145-22.5% |