Filed December 27, 2024 (most recent of 6 filings on file)
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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $138,359 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,039 | $82,546-9.1% | $140,016-46.4% | $75,289-0.3% |
| Participation rate | 96.5% | 88.4%+8.1pp | 87.5%+9.0pp | 72.4%+24.1pp |
| Annual return | -3.47% | -0.36%-3.1pp | 651.12%-654.6pp | -0.04%-3.4pp |
| Employer contribution / active EE | $963 | $3,856-75.0% | $5,606-82.8% | $2,405-60.0% |
| Participant deferral / active EE | $5,522 | $5,731-3.7% | $6,927-20.3% | $3,739+47.7% |
| Admin fee / account holder | $112 | $86+30.7% | $10,705-99.0% | $102+9.6% |