Filed June 4, 2020 (most recent of 3 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 | $85,743 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $12,260 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,653 | $111,608+5.4% | $177,821-33.8% | $73,409+60.3% |
| Participation rate | 98.0% | 87.9%+10.1pp | 87.7%+10.3pp | 72.2%+25.8pp |
| Annual return | 13.77% | 18.23%-4.5pp | 48.32%-34.6pp | 59.29%-45.5pp |
| Employer contribution / active EE | $5,184 | $3,796+36.6% | $5,918-12.4% | $2,234+132.1% |
| Participant deferral / active EE | $6,518 | $6,199+5.1% | $7,714-15.5% | $3,805+71.3% |
| Admin fee / account holder | $247 | $166+48.9% | $12,427-98.0% | $158+56.2% |