Filed August 3, 2022 (most recent of 5 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 | $184,756 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $73,732 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $219,303 | $94,833+131.3% | $75,696+189.7% | $86,799+152.7% |
| Participation rate | 89.2% | 79.1%+10.1pp | 74.8%+14.4pp | 72.3%+16.9pp |
| Annual return | 26.03% | 16.91%+9.1pp | 104.53%-78.5pp | 97.91%-71.9pp |
| Employer contribution / active EE | $5,014 | $2,904+72.6% | $2,743+82.8% | $2,405+108.4% |
| Participant deferral / active EE | $6,443 | $3,632+77.4% | $3,821+68.6% | $4,131+56.0% |
| Admin fee / account holder | $618 | $109+468.9% | $3,619-82.9% | $170+264.4% |