Filed December 9, 2022
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $151,528 |
Service code 27 · EIN 47-1880154 | Advisory (Plan) | $30,000 |
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 | $40,836 | $62,928-35.1% | $172,739-76.4% | $67,579-39.6% |
| Participation rate | 94.4% | 64.5%+29.9pp | 82.6%+11.7pp | 71.3%+23.1pp |
| Annual return | 42.22% | 30.36%+11.9pp | 802.84%-760.6pp | 378.56%-336.3pp |
| Employer contribution / active EE | $1,744 | $1,636+6.6% | $5,143-66.1% | $2,148-18.8% |
| Participant deferral / active EE | $2,652 | $2,145+23.6% | $5,198-49.0% | $3,539-25.1% |
| Admin fee / account holder | $164 | $167-1.5% | $13,954-98.8% | $142+15.4% |