Filed December 19, 2023 (most recent of 4 filings on file)
Total covered: 4 employees
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 10-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 |
|---|---|---|
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $41,472 |
MI-T-M CORPORATION5 years Service code 10 · EIN 42-1014561 | Accounting | $14,400 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,997 |
WILSHIRE ASSOCIATES INCORPORATED6+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $65,738 | $79,519-17.3% | $95,952-31.5% | $73,409-10.5% |
| Participation rate | 92.2% | 81.2%+11.0pp | 77.1%+15.1pp | 72.2%+20.0pp |
| Annual return | 16.02% | 19.20%-3.2pp | 91.61%-75.6pp | 59.29%-43.3pp |
| Employer contribution / active EE | $1,434 | $2,048-30.0% | $2,541-43.6% | $2,234-35.8% |
| Participant deferral / active EE | $3,887 | $4,138-6.1% | $4,167-6.7% | $3,805+2.2% |
| Admin fee / account holder | $26 | $184-85.9% | $6,795-99.6% | $158-83.5% |