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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $155,098 |
Service code 27 · EIN 47-1880154 | Advisory (Plan) | $30,000 |
MANER COSTERISAN1 year Service code 10 · EIN 38-2157642 | Accounting | $10,500 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $48,222 | $52,293-7.8% | $178,490-73.0% | $73,409-34.3% |
| Participation rate | 94.9% | 65.3%+29.5pp | 81.9%+12.9pp | 72.2%+22.7pp |
| Annual return | 14.97% | 34.75%-19.8pp | 151.07%-136.1pp | 59.29%-44.3pp |
| Employer contribution / active EE | $2,027 | $1,735+16.8% | $5,011-59.5% | $2,234-9.2% |
| Participant deferral / active EE | $3,216 | $2,332+37.9% | $5,202-38.2% | $3,805-15.5% |
| Admin fee / account holder | $181 | $127+41.8% | $13,984-98.7% | $158+14.4% |