Filed April 29, 2024 (most recent of 4 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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,378 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,715 | $71,802-85.1% | $133,980-92.0% | $57,658-81.4% |
| Participation rate | 96.1% | 85.5%+10.6pp | 87.1%+9.0pp | 70.2%+25.8pp |
| Annual return | 29.10% | 13.51%+15.6pp | 29.30%-0.2pp | 5.13%+24.0pp |
| Employer contribution / active EE | $1,361 | $3,161-56.9% | $5,211-73.9% | $1,974-31.0% |
| Participant deferral / active EE | $3,473 | $4,606-24.6% | $6,282-44.7% | $3,061+13.5% |
| Admin fee / account holder | $0 | $88-100.0% | $9,324-100.0% | $95-100.0% |