Filed November 17, 2022
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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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,443 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $113,849 | $80,724+41.0% | $103,333+10.2% | $74,495+52.8% |
| Participation rate | 94.7% | 65.7%+29.1pp | 74.5%+20.2pp | 67.2%+27.5pp |
| Annual return | 13.18% | 27.56%-14.4pp | 24.88%-11.7pp | 1364.94%-1351.8pp |
| Employer contribution / active EE | $1,557 | $3,157-50.7% | $3,868-59.8% | $2,623-40.7% |
| Participant deferral / active EE | $6,876 | $3,860+78.1% | $5,057+36.0% | $4,346+58.2% |
| Admin fee / account holder | $42 | $2,368-98.2% | $8,355-99.5% | $1,942-97.9% |