Filed November 9, 2018 (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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,480 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $44,935 | $52,884-15.0% | $84,750-47.0% | $55,167-18.5% |
| Participation rate | 94.6% | 67.5%+27.0pp | 76.6%+18.0pp | 69.0%+25.6pp |
| Annual return | 4.64% | 18.03%-13.4pp | 22.78%-18.1pp | 169.23%-164.6pp |
| Employer contribution / active EE | $1,496 | $2,233-33.0% | $3,574-58.2% | $1,963-23.8% |
| Participant deferral / active EE | $4,068 | $2,644+53.9% | $3,712+9.6% | $3,054+33.2% |
| Admin fee / account holder | $11 | $581-98.1% | $5,332-99.8% | $504-97.8% |