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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $225,405 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,440 | $95,388-15.7% | $125,339-35.8% | $77,904+3.3% |
| Participation rate | 91.1% | 78.6%+12.5pp | 82.4%+8.7pp | 73.7%+17.4pp |
| Annual return | -15.53% | 116.19%-131.7pp | 572.05%-587.6pp | 12.21%-27.7pp |
| Employer contribution / active EE | $2 | $3,666-99.9% | $4,814-100.0% | $2,848-99.9% |
| Participant deferral / active EE | $9,908 | $7,711+28.5% | $7,446+33.1% | $4,806+106.2% |
| Admin fee / account holder | $103 | $119-13.2% | $10,010-99.0% | $133-22.2% |