Filed August 24, 2020
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 9-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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $50,216 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,481 | $50,127+10.7% | $149,673-62.9% | $80,160-30.8% |
| Participation rate | 96.8% | 64.3%+32.6pp | 78.8%+18.1pp | 72.9%+23.9pp |
| Annual return | 9.81% | 29.82%-20.0pp | 134.42%-124.6pp | 40.38%-30.6pp |
| Employer contribution / active EE | $435 | $1,865-76.7% | $4,818-91.0% | $2,978-85.4% |
| Participant deferral / active EE | $1,228 | $3,194-61.5% | $5,680-78.4% | $5,017-75.5% |
| Admin fee / account holder | $26 | $153-82.9% | $13,210-99.8% | $145-82.0% |