Filed November 22, 2021
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $68,741 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,386,685 | $76,774+1706.2% | $112,228+1135.6% | $77,904+1680.0% |
| Participation rate | 93.2% | 80.2%+13.1pp | 75.1%+18.2pp | 73.7%+19.6pp |
| Annual return | 14.52% | -10.25%+24.8pp | 27.45%-12.9pp | 12.21%+2.3pp |
| Employer contribution / active EE | $19,170 | $3,977+382.1% | $3,635+427.4% | $2,848+573.2% |
| Participant deferral / active EE | $8,949 | $3,778+136.8% | $4,728+89.3% | $4,806+86.2% |
| Admin fee / account holder | $50 | $239-78.9% | $6,410-99.2% | $133-62.0% |