Filed October 9, 2024
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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $78,815 |
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 | $68,383 | $65,708+4.1% | $76,817-11.0% | $77,787-12.1% |
| Participation rate | 99.4% | 79.0%+20.4pp | 72.1%+27.3pp | 73.2%+26.2pp |
| Annual return | 22.84% | 49.86%-27.0pp | 1166.11%-1143.3pp | 32.57%-9.7pp |
| Employer contribution / active EE | $1,067 | $2,167-50.8% | $2,302-53.6% | $2,504-57.4% |
| Participant deferral / active EE | $3,466 | $3,254+6.5% | $3,336+3.9% | $3,967-12.6% |
| Admin fee / account holder | $60 | $91-33.4% | $6,420-99.1% | $100-39.6% |