Filed October 28, 2020 (most recent of 2 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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,177,835 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,529 | $149,910-28.9% | $150,298-29.1% | $142,480-25.2% |
| Participation rate | 75.4% | 75.1%+0.3pp | 77.8%-2.4pp | 76.2%-0.8pp |
| Annual return | 19.47% | 18.84%+0.6pp | 62.79%-43.3pp | 16.32%+3.2pp |
| Employer contribution / active EE | $2,743 | $2,086+31.5% | $4,154-34.0% | $3,867-29.1% |
| Participant deferral / active EE | $4,834 | $5,417-10.8% | $5,453-11.3% | $6,807-29.0% |
| Admin fee / account holder | $102 | $91+12.0% | $14,116-99.3% | $307-66.7% |