Filed April 22, 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 |
|---|---|---|
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $11,689 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $6,685 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $15,536 | $47,977-67.6% | $154,107-89.9% | $56,287-72.4% |
| Participation rate | 90.2% | 66.2%+24.0pp | 83.0%+7.1pp | 69.9%+20.3pp |
| Annual return | -8.77% | 3.54%-12.3pp | 735.12%-743.9pp | -9.96%+1.2pp |
| Employer contribution / active EE | $557 | $2,169-74.3% | $5,298-89.5% | $2,111-73.6% |
| Participant deferral / active EE | $2,409 | $2,392+0.7% | $5,081-52.6% | $3,350-28.1% |
| Admin fee / account holder | $41 | $438-90.6% | $13,411-99.7% | $521-92.1% |