Filed December 9, 2022 (most recent of 6 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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $211,330 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,036 | $76,173-19.9% | $81,382-25.0% | $199,593-69.4% |
| Participation rate | 97.3% | 76.3%+21.1pp | 69.5%+27.8pp | 72.0%+25.3pp |
| Annual return | 11.82% | 15.59%-3.8pp | 24.73%-12.9pp | 34.25%-22.4pp |
| Employer contribution / active EE | $841 | $2,792-69.9% | $2,463-65.8% | $3,034-72.3% |
| Participant deferral / active EE | $4,197 | $4,201-0.1% | $3,883+8.1% | $5,087-17.5% |
| Admin fee / account holder | $117 | $146-19.8% | $5,768-98.0% | $269-56.4% |