Filed May 19, 2017 (most recent of 2 filings on file)
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 | $41,389 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,031 | $56,503+31.0% | $70,092+5.6% | $64,808+14.2% |
| Participation rate | 52.3% | 70.5%-18.2pp | 70.5%-18.2pp | 71.5%-19.2pp |
| Annual return | -17.35% | -13.44%-3.9pp | 190.73%-208.1pp | 32.82%-50.2pp |
| Employer contribution / active EE | $1,457 | $2,046-28.8% | $2,559-43.0% | $2,506-41.8% |
| Participant deferral / active EE | $2,848 | $3,389-16.0% | $3,849-26.0% | $4,310-33.9% |
| Admin fee / account holder | $222 | $160+38.5% | $6,267-96.5% | $188+18.2% |