Filed December 12, 2023 (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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $144,175 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $176,234 | $102,872+71.3% | $136,749+28.9% | $102,872+71.3% |
| Participation rate | 99.1% | 73.0%+26.0pp | 72.1%+26.9pp | 73.0%+26.0pp |
| Annual return | 15.26% | 19.06%-3.8pp | 24.33%-9.1pp | 19.06%-3.8pp |
| Employer contribution / active EE | $5,874 | $3,526+66.6% | $3,400+72.8% | $3,526+66.6% |
| Participant deferral / active EE | $8,888 | $5,535+60.6% | $4,692+89.4% | $5,535+60.6% |
| Admin fee / account holder | $98 | $292-66.6% | $11,386-99.1% | $292-66.6% |