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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $103,922 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $32,416 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $140,370 | $60,323+132.7% | $81,812+71.6% | $74,495+88.4% |
| Participation rate | 89.8% | 62.9%+27.0pp | 72.3%+17.5pp | 67.2%+22.6pp |
| Annual return | 12.46% | 16.90%-4.4pp | 773.79%-761.3pp | 1364.94%-1352.5pp |
| Employer contribution / active EE | $5,314 | $2,620+102.8% | $2,912+82.5% | $2,623+102.6% |
| Participant deferral / active EE | $9,943 | $3,387+193.5% | $4,319+130.2% | $4,346+128.8% |
| Admin fee / account holder | $641 | $1,486-56.8% | $7,386-91.3% | $1,942-67.0% |