Filed June 28, 2022 (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 9-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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $145,513 |
Filed as: CAPFINANCIAL PARTNERS LL Service code 27 · EIN 26-0058143 | Advisory (Plan) | $46,316 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $36,836 | $130,141-71.7% | $86,677-57.5% | $77,904-52.7% |
| Participation rate | 94.3% | 85.9%+8.3pp | 76.6%+17.7pp | 73.7%+20.6pp |
| Annual return | 9.77% | -12.75%+22.5pp | 35.91%-26.1pp | 12.21%-2.4pp |
| Employer contribution / active EE | $2,140 | $3,220-33.5% | $2,836-24.5% | $2,848-24.8% |
| Participant deferral / active EE | $5,392 | $5,757-6.4% | $4,656+15.8% | $4,806+12.2% |
| Admin fee / account holder | $133 | $132+1.3% | $7,493-98.2% | $133+0.7% |