Filed January 2, 2025 (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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $150,357 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $106,685 | $83,158+28.3% | $167,512-36.3% | $102,872+3.7% |
| Participation rate | 96.3% | 70.1%+26.2pp | 77.1%+19.2pp | 73.0%+23.3pp |
| Annual return | 15.62% | 21.37%-5.8pp | 1615.79%-1600.2pp | 19.06%-3.4pp |
| Employer contribution / active EE | $2,556 | $2,233+14.5% | $3,882-34.1% | $3,526-27.5% |
| Participant deferral / active EE | $6,592 | $5,132+28.4% | $6,405+2.9% | $5,535+19.1% |
| Admin fee / account holder | $43 | $109-60.5% | $9,769-99.6% | $292-85.3% |