Filed January 2, 2020
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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.
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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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $129,378 |
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 | $25,625 | $73,034-64.9% | $77,163-66.8% | $80,160-68.0% |
| Participation rate | 98.0% | 78.1%+19.9pp | 69.6%+28.4pp | 72.9%+25.1pp |
| Annual return | 17.87% | 18.56%-0.7pp | 37.87%-20.0pp | 40.38%-22.5pp |
| Employer contribution / active EE | $1,785 | $2,779-35.8% | $2,535-29.6% | $2,978-40.1% |
| Participant deferral / active EE | $3,525 | $4,140-14.9% | $3,833-8.0% | $5,017-29.7% |
| Admin fee / account holder | $89 | $104-13.8% | $5,472-98.4% | $145-38.3% |