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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $89,478 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,048 | $69,823-39.8% | $77,163-45.5% | $74,419-43.5% |
| Participation rate | 97.8% | 70.0%+27.8pp | 69.6%+28.3pp | 70.7%+27.1pp |
| Annual return | 14.31% | 19.98%-5.7pp | 37.87%-23.6pp | 34.38%-20.1pp |
| Employer contribution / active EE | $814 | $2,150-62.2% | $2,535-67.9% | $2,637-69.1% |
| Participant deferral / active EE | $2,599 | $3,558-26.9% | $3,833-32.2% | $4,528-42.6% |
| Admin fee / account holder | $174 | $398-56.1% | $5,472-96.8% | $348-49.9% |