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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $181,681 |
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 | $58,415 | $72,066-18.9% | $81,930-28.7% | $90,288-35.3% |
| Participation rate | 93.7% | 78.9%+14.8pp | 72.0%+21.7pp | 73.4%+20.3pp |
| Annual return | 13.04% | 15.92%-2.9pp | 29.49%-16.4pp | 53.97%-40.9pp |
| Employer contribution / active EE | $647 | $2,335-72.3% | $4,310-85.0% | $2,524-74.4% |
| Participant deferral / active EE | $3,286 | $3,557-7.6% | $7,107-53.8% | $4,232-22.4% |
| Admin fee / account holder | $102 | $92+10.4% | $5,158-98.0% | $114-10.5% |