Filed November 6, 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 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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $15,460 |
Employer 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 | $46,234 | $81,537-43.3% | $149,718-69.1% | $69,631-33.6% |
| Participation rate | 86.5% | 86.1%+0.4pp | 87.1%-0.6pp | 70.7%+15.8pp |
| Annual return | 22.92% | 22.79%+0.1pp | 1501.63%-1478.7pp | 27571.02%-27548.1pp |
| Employer contribution / active EE | $1,042 | $3,239-67.8% | $5,445-80.9% | $2,032-48.7% |
| Participant deferral / active EE | $5,179 | $4,994+3.7% | $6,569-21.2% | $3,224+60.7% |
| Admin fee / account holder | $23 | $107-78.7% | $11,283-99.8% | $110-79.4% |