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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,693,784 |
MORNINGSTAR7+ years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $208,241 | $118,441+75.8% | $151,611+37.4% | $89,394+132.9% |
| Participation rate | 98.2% | 88.0%+10.2pp | 87.5%+10.7pp | 71.3%+26.9pp |
| Annual return | -8.63% | -9.10%+0.5pp | 3.33%-12.0pp | -11.89%+3.3pp |
| Employer contribution / active EE | $5,393 | $4,770+13.1% | $6,166-12.5% | $3,022+78.5% |
| Participant deferral / active EE | $9,725 | $7,648+27.2% | $8,363+16.3% | $5,123+89.8% |
| Admin fee / account holder | $98 | $90+9.1% | $11,616-99.2% | $79+23.0% |