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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $183,869 |
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,494 | $123,077-10.2% | $116,228-4.9% | $102,872+7.4% |
| Participation rate | 95.6% | 87.0%+8.6pp | 74.6%+21.0pp | 73.0%+22.6pp |
| Annual return | 17.19% | 15.84%+1.3pp | 90.06%-72.9pp | 19.06%-1.9pp |
| Employer contribution / active EE | $6,333 | $4,380+44.6% | $2,994+111.5% | $3,526+79.6% |
| Participant deferral / active EE | $5,758 | $6,746-14.6% | $4,953+16.2% | $5,535+4.0% |
| Admin fee / account holder | $64 | $115-44.4% | $11,989-99.5% | $292-78.0% |