Filed June 9, 2020
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $170,600 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,510 | $127,481-65.9% | $149,696-70.9% | $90,288-51.8% |
| Participation rate | 95.6% | 78.2%+17.4pp | 82.5%+13.1pp | 73.4%+22.3pp |
| Annual return | 24.83% | 57.78%-32.9pp | 276.60%-251.8pp | 53.97%-29.1pp |
| Employer contribution / active EE | $1,184 | $3,448-65.6% | $4,644-74.5% | $2,524-53.1% |
| Participant deferral / active EE | $5,665 | $6,975-18.8% | $6,842-17.2% | $4,232+33.8% |
| Admin fee / account holder | $43 | $152-71.6% | $9,309-99.5% | $114-62.3% |