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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $156,591 |
Service code 27 · EIN 47-1880154 | Advisory (Plan) | $34,217 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,064 | $46,292-7.0% | $143,757-70.0% | $64,808-33.6% |
| Participation rate | 96.5% | 64.2%+32.3pp | 80.3%+16.2pp | 71.5%+25.0pp |
| Annual return | -16.76% | -10.05%-6.7pp | -0.04%-16.7pp | 32.82%-49.6pp |
| Employer contribution / active EE | $1,912 | $1,910+0.1% | $4,951-61.4% | $2,506-23.7% |
| Participant deferral / active EE | $3,680 | $2,646+39.1% | $5,637-34.7% | $4,310-14.6% |
| Admin fee / account holder | $150 | $154-2.2% | $14,673-99.0% | $188-19.9% |