Filed December 9, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $58,994 |
TIAA1 year Service code 15 · EIN 13-1624203 | Recordkeeping | $58,546 |
Service code 27 · EIN 47-1880154 | Advisory (Plan) | $27,000 |
MORNINGSTAR3 years 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 | $52,869 | $53,136-0.5% | $155,509-66.0% | $199,593-73.5% |
| Participation rate | 95.4% | 64.1%+31.4pp | 78.2%+17.3pp | 72.0%+23.5pp |
| Annual return | 13.41% | 41.15%-27.7pp | 64.67%-51.3pp | 34.25%-20.8pp |
| Employer contribution / active EE | $1,817 | $1,851-1.9% | $4,672-61.1% | $3,034-40.1% |
| Participant deferral / active EE | $3,707 | $3,161+17.3% | $5,626-34.1% | $5,087-27.1% |
| Admin fee / account holder | $117 | $185-37.0% | $15,912-99.3% | $269-56.6% |