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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $99,760 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,152 | $136,266-50.7% | $90,749-26.0% | $77,904-13.8% |
| Participation rate | 92.9% | 86.6%+6.2pp | 75.7%+17.2pp | 73.7%+19.2pp |
| Annual return | -13.97% | -11.32%-2.6pp | -12.16%-1.8pp | 12.21%-26.2pp |
| Employer contribution / active EE | $5,511 | $4,215+30.8% | $2,921+88.7% | $2,848+93.5% |
| Participant deferral / active EE | $4,855 | $6,353-23.6% | $4,564+6.4% | $4,806+1.0% |
| Admin fee / account holder | $33 | $399-91.7% | $8,445-99.6% | $133-75.1% |