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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $163,398 |
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 | $108,154 | $95,918+12.8% | $151,611-28.7% | $77,904+38.8% |
| Participation rate | 99.1% | 88.7%+10.4pp | 87.5%+11.6pp | 73.7%+25.4pp |
| Annual return | -15.53% | -5.50%-10.0pp | 3.33%-18.9pp | 12.21%-27.7pp |
| Employer contribution / active EE | $5,404 | $4,330+24.8% | $6,166-12.4% | $2,848+89.8% |
| Participant deferral / active EE | $10,188 | $7,508+35.7% | $8,363+21.8% | $4,806+112.0% |
| Admin fee / account holder | $103 | $93+10.0% | $11,616-99.1% | $133-22.6% |