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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $133,102 |
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 | $67,881 | $89,274-24.0% | $149,718-54.7% | $77,958-12.9% |
| Participation rate | 93.3% | 87.6%+5.7pp | 87.1%+6.2pp | 71.6%+21.7pp |
| Annual return | 13.85% | 20.36%-6.5pp | 1501.63%-1487.8pp | 20.87%-7.0pp |
| Employer contribution / active EE | $1,739 | $3,727-53.3% | $5,445-68.1% | $2,310-24.7% |
| Participant deferral / active EE | $5,042 | $5,382-6.3% | $6,569-23.2% | $3,537+42.6% |
| Admin fee / account holder | $56 | $240-76.8% | $11,283-99.5% | $97-42.8% |