Filed August 17, 2017
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $232,236 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $97,827 | $120,450-18.8% | $159,436-38.6% | $93,030+5.2% |
| Participation rate | 90.6% | 78.0%+12.6pp | 82.8%+7.8pp | 73.9%+16.7pp |
| Annual return | 17.72% | 27.11%-9.4pp | 263.57%-245.8pp | 158.70%-141.0pp |
| Employer contribution / active EE | $0 | $3,526-100.0% | $4,829-100.0% | $2,706-100.0% |
| Participant deferral / active EE | $9,436 | $7,283+29.6% | $7,352+28.3% | $4,562+106.8% |
| Admin fee / account holder | $106 | $137-22.4% | $10,799-99.0% | $152-30.0% |