Filed February 1, 2022 (most recent of 4 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 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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $164,886 |
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 | $133,783 | $118,337+13.1% | $189,513-29.4% | $93,030+43.8% |
| Participation rate | 98.9% | 89.1%+9.8pp | 87.8%+11.0pp | 73.9%+25.0pp |
| Annual return | 18.14% | 21.77%-3.6pp | 555.15%-537.0pp | 158.70%-140.6pp |
| Employer contribution / active EE | $5,227 | $4,204+24.3% | $6,162-15.2% | $2,706+93.2% |
| Participant deferral / active EE | $9,827 | $7,123+38.0% | $8,221+19.5% | $4,562+115.4% |
| Admin fee / account holder | $105 | $100+5.9% | $12,045-99.1% | $152-30.4% |