Filed May 31, 2019
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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,182 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $22,370 | $46,732-52.1% | $156,549-85.7% | $55,167-59.4% |
| Participation rate | 38.7% | 65.8%-27.1pp | 84.0%-45.4pp | 69.0%-30.3pp |
| Annual return | 23.97% | 17.72%+6.3pp | 32.23%-8.3pp | 169.23%-145.3pp |
| Employer contribution / active EE | $511 | $2,105-75.7% | $5,501-90.7% | $1,963-74.0% |
| Participant deferral / active EE | $1,126 | $2,204-48.9% | $4,871-76.9% | $3,054-63.1% |
| Admin fee / account holder | $105 | $418-74.9% | $13,027-99.2% | $504-79.2% |