Filed January 2, 2020
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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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $131,871 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,019 | $61,756-66.0% | $70,092-70.0% | $77,904-73.0% |
| Participation rate | 97.1% | 79.9%+17.3pp | 70.5%+26.7pp | 73.7%+23.5pp |
| Annual return | -15.40% | -11.86%-3.5pp | 190.73%-206.1pp | 12.21%-27.6pp |
| Employer contribution / active EE | $1,600 | $2,706-40.9% | $2,559-37.5% | $2,848-43.8% |
| Participant deferral / active EE | $3,193 | $3,977-19.7% | $3,849-17.0% | $4,806-33.6% |
| Admin fee / account holder | $90 | $101-11.0% | $6,267-98.6% | $133-31.9% |