Filed September 2, 2021 (most recent of 5 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 9-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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,008,177 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $262,378 | $152,104+72.5% | $184,203+42.4% | $106,382+146.6% |
| Participation rate | 98.5% | 85.9%+12.6pp | 86.8%+11.7pp | 69.9%+28.6pp |
| Annual return | 13.92% | 20.70%-6.8pp | 28.81%-14.9pp | 17.37%-3.5pp |
| Employer contribution / active EE | $6,008 | $5,326+12.8% | $6,427-6.5% | $3,364+78.6% |
| Participant deferral / active EE | $11,551 | $8,559+35.0% | $9,131+26.5% | $5,569+107.4% |
| Admin fee / account holder | $58 | $103-43.4% | $13,901-99.6% | $79-26.7% |