Filed October 28, 2020 (most recent of 4 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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $46,435 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $59,959 | $80,354-25.4% | $133,980-55.2% | $63,975-6.3% |
| Participation rate | 94.8% | 87.5%+7.3pp | 87.1%+7.7pp | 71.1%+23.7pp |
| Annual return | 33.36% | 13.11%+20.3pp | 29.30%+4.1pp | 48.65%-15.3pp |
| Employer contribution / active EE | $1,725 | $3,503-50.8% | $5,211-66.9% | $2,182-20.9% |
| Participant deferral / active EE | $4,263 | $5,239-18.6% | $6,282-32.1% | $3,356+27.0% |
| Admin fee / account holder | $20 | $69-70.4% | $9,324-99.8% | $70-70.9% |