Filed March 11, 2025 (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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,511 |
Service code 13 · EIN 26-0058143 | Contract Administrator | $67,329 |
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 | $98,031 | $80,005+22.5% | $140,016-30.0% | $55,725+75.9% |
| Participation rate | 97.2% | 87.0%+10.2pp | 87.5%+9.7pp | 70.9%+26.3pp |
| Annual return | 12.13% | 0.46%+11.7pp | 651.12%-639.0pp | 244.93%-232.8pp |
| Employer contribution / active EE | $2,835 | $3,403-16.7% | $5,606-49.4% | $2,078+36.4% |
| Participant deferral / active EE | $4,368 | $5,264-17.0% | $6,927-36.9% | $3,356+30.2% |
| Admin fee / account holder | $205 | $116+77.6% | $10,705-98.1% | $115+78.3% |