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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $66,767 |
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 | $172,077 | $66,124+160.2% | $90,404+90.3% | $73,488+134.2% |
| Participation rate | 88.3% | 69.7%+18.6pp | 72.7%+15.6pp | 70.7%+17.6pp |
| Annual return | 13.60% | 17.65%-4.1pp | 1293.02%-1279.4pp | 28.51%-14.9pp |
| Employer contribution / active EE | $3,155 | $2,346+34.5% | $3,262-3.3% | $2,270+39.0% |
| Participant deferral / active EE | $9,711 | $3,039+219.6% | $3,963+145.0% | $3,740+159.7% |
| Admin fee / account holder | $436 | $396+10.1% | $5,611-92.2% | $513-14.9% |