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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $74,164 |
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 | $1,968,027 | $88,480+2124.2% | $96,683+1935.6% | $80,160+2355.1% |
| Participation rate | 95.7% | 79.9%+15.9pp | 74.3%+21.4pp | 72.9%+22.8pp |
| Annual return | 65.04% | 22.53%+42.5pp | 35.69%+29.3pp | 40.38%+24.7pp |
| Employer contribution / active EE | $20,211 | $4,176+383.9% | $3,737+440.9% | $2,978+578.7% |
| Participant deferral / active EE | $9,382 | $3,959+137.0% | $4,878+92.3% | $5,017+87.0% |
| Admin fee / account holder | $50 | $212-76.3% | $6,730-99.3% | $145-65.3% |