Filed December 21, 2015 (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 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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $61,508 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $148,346 | $51,620+187.4% | $90,281+64.3% | $65,185+127.6% |
| Participation rate | 85.6% | 68.6%+17.0pp | 73.3%+12.3pp | 70.2%+15.4pp |
| Annual return | 25.82% | 24.94%+0.9pp | 78.10%-52.3pp | 29.38%-3.6pp |
| Employer contribution / active EE | $4,269 | $2,235+91.0% | $2,854+49.6% | $2,177+96.1% |
| Participant deferral / active EE | $9,164 | $2,871+219.2% | $3,885+135.9% | $3,514+160.8% |
| Admin fee / account holder | $380 | $384-1.2% | $5,351-92.9% | $847-55.2% |