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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,107 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $31,258 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $136,810 | $58,264+134.8% | $86,612+58.0% | $71,457+91.5% |
| Participation rate | 83.2% | 65.0%+18.2pp | 71.7%+11.5pp | 67.9%+15.3pp |
| Annual return | 17.56% | 21.63%-4.1pp | 591.07%-573.5pp | 28.85%-11.3pp |
| Employer contribution / active EE | $4,948 | $2,574+92.2% | $3,022+63.7% | $2,588+91.2% |
| Participant deferral / active EE | $9,904 | $3,436+188.2% | $4,438+123.2% | $4,289+130.9% |
| Admin fee / account holder | $453 | $1,057-57.2% | $5,614-91.9% | $1,587-71.5% |