Filed January 11, 2024 (most recent of 2 filings on file)
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 9-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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $265,625 |
Filed as: LOCKTON INVESTMENT SECURITIES, LLC Service code 49 · EIN 20-3247391 | Other Services | $92,266 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,420 | $127,481-43.2% | $149,696-51.6% | $90,288-19.8% |
| Participation rate | 98.2% | 78.2%+20.0pp | 82.5%+15.7pp | 73.4%+24.8pp |
| Annual return | 18.87% | 57.78%-38.9pp | 276.60%-257.7pp | 53.97%-35.1pp |
| Employer contribution / active EE | $0 | $3,448-100.0% | $4,644-100.0% | $2,524-100.0% |
| Participant deferral / active EE | $11,393 | $6,975+63.3% | $6,842+66.5% | $4,232+169.2% |
| Admin fee / account holder | $125 | $152-17.6% | $9,309-98.7% | $114+9.6% |