See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $36,825 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $17,900 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $64,164 | $52,279+22.7% | $89,391-28.2% | $79,858-19.7% |
| Participation rate | 75.7% | 57.5%+18.1pp | 68.0%+7.7pp | 69.6%+6.0pp |
| Annual return | 18.03% | 22.16%-4.1pp | 245.62%-227.6pp | 31.71%-13.7pp |
| Employer contribution / active EE | $4,736 | $1,572+201.4% | $2,586+83.2% | $2,471+91.7% |
| Participant deferral / active EE | $5,791 | $2,740+111.3% | $3,890+48.9% | $3,740+54.9% |
| Admin fee / account holder | $771 | $3,356-77.0% | $4,881-84.2% | $5,306-85.5% |