Filed September 28, 2022 (most recent of 3 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 8-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $45,580 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $71,109 | $96,403-26.2% | $93,606-24.0% | $77,787-8.6% |
| Participation rate | 86.8% | 87.6%-0.8pp | 75.8%+11.0pp | 73.2%+13.6pp |
| Annual return | 21.03% | 39.36%-18.3pp | 32.76%-11.7pp | 32.57%-11.5pp |
| Employer contribution / active EE | $4,753 | $3,616+31.5% | $2,718+74.9% | $2,504+89.8% |
| Participant deferral / active EE | $3,610 | $5,341-32.4% | $4,069-11.3% | $3,967-9.0% |
| Admin fee / account holder | $19 | $90-78.7% | $7,888-99.8% | $100-81.0% |