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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $191,720 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $80,561 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $187,656 | $79,124+137.2% | $60,874+208.3% | $64,808+189.6% |
| Participation rate | 84.2% | 77.7%+6.5pp | 73.1%+11.1pp | 71.5%+12.7pp |
| Annual return | -10.12% | -7.13%-3.0pp | 16.90%-27.0pp | 32.82%-42.9pp |
| Employer contribution / active EE | $4,968 | $3,050+62.9% | $2,701+83.9% | $2,506+98.3% |
| Participant deferral / active EE | $6,672 | $3,725+79.1% | $3,817+74.8% | $4,310+54.8% |
| Admin fee / account holder | $639 | $106+504.9% | $3,224-80.2% | $188+240.3% |