Filed February 22, 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $14,040 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $26,502 | $66,124-59.9% | $90,404-70.7% | $73,488-63.9% |
| Participation rate | 94.1% | 69.7%+24.4pp | 72.7%+21.4pp | 70.7%+23.4pp |
| Annual return | 14.49% | 17.65%-3.2pp | 1293.02%-1278.5pp | 28.51%-14.0pp |
| Employer contribution / active EE | $3,068 | $2,346+30.8% | $3,262-5.9% | $2,270+35.1% |
| Participant deferral / active EE | $0 | $3,039-100.0% | $3,963-100.0% | $3,740-100.0% |
| Admin fee / account holder | $61 | $396-84.7% | $5,611-98.9% | $513-88.2% |