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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,651 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $81,753 | $105,190-22.3% | $98,907-17.3% | $90,288-9.5% |
| Participation rate | 86.9% | 86.4%+0.5pp | 76.0%+10.8pp | 73.4%+13.5pp |
| Annual return | 14.79% | 18.52%-3.7pp | 196.43%-181.6pp | 53.97%-39.2pp |
| Employer contribution / active EE | $4,689 | $3,831+22.4% | $2,689+74.4% | $2,524+85.8% |
| Participant deferral / active EE | $3,874 | $5,616-31.0% | $4,244-8.7% | $4,232-8.5% |
| Admin fee / account holder | $18 | $97-81.1% | $6,642-99.7% | $114-83.8% |