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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $57,338 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,696 | $77,197+8.4% | $86,874-3.7% | $93,030-10.0% |
| Participation rate | 99.4% | 78.2%+21.2pp | 71.6%+27.8pp | 73.9%+25.5pp |
| Annual return | 15.15% | 16.31%-1.2pp | 63.52%-48.4pp | 158.70%-143.6pp |
| Employer contribution / active EE | $1,310 | $2,514-47.9% | $2,495-47.5% | $2,706-51.6% |
| Participant deferral / active EE | $4,485 | $3,831+17.1% | $3,699+21.2% | $4,562-1.7% |
| Admin fee / account holder | $44 | $105-57.9% | $5,828-99.2% | $152-70.9% |