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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $18,550 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,133 | $58,264-46.6% | $86,612-64.1% | $71,457-56.4% |
| Participation rate | 94.8% | 65.0%+29.8pp | 71.7%+23.1pp | 67.9%+26.9pp |
| Annual return | 19.07% | 21.63%-2.6pp | 591.07%-572.0pp | 28.85%-9.8pp |
| Employer contribution / active EE | $3,614 | $2,574+40.4% | $3,022+19.6% | $2,588+39.7% |
| Participant deferral / active EE | $0 | $3,436-100.0% | $4,438-100.0% | $4,289-100.0% |
| Admin fee / account holder | $72 | $1,057-93.2% | $5,614-98.7% | $1,587-95.5% |