Filed March 18, 2022
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 |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE COMPNAY Service code 13 · EIN 42-0127290 | Contract Administrator | $23,790 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $9,272 |
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 | $34,966 | $58,264-40.0% | $86,612-59.6% | $71,457-51.1% |
| Participation rate | 92.9% | 65.0%+27.9pp | 71.7%+21.2pp | 67.9%+24.9pp |
| Annual return | 19.14% | 21.63%-2.5pp | 591.07%-571.9pp | 28.85%-9.7pp |
| Employer contribution / active EE | $1,852 | $2,574-28.0% | $3,022-38.7% | $2,588-28.4% |
| Participant deferral / active EE | $3,106 | $3,436-9.6% | $4,438-30.0% | $4,289-27.6% |
| Admin fee / account holder | $153 | $1,057-85.6% | $5,614-97.3% | $1,587-90.4% |