Filed October 23, 2024 (most recent of 3 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $217,034 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,030 | $53,136+28.0% | $155,509-56.3% | $199,593-65.9% |
| Participation rate | 75.3% | 64.1%+11.2pp | 78.2%-2.9pp | 72.0%+3.3pp |
| Annual return | 12.86% | 41.15%-28.3pp | 64.67%-51.8pp | 34.25%-21.4pp |
| Employer contribution / active EE | $2,385 | $1,851+28.9% | $4,672-49.0% | $3,034-21.4% |
| Participant deferral / active EE | $3,834 | $3,161+21.3% | $5,626-31.9% | $5,087-24.6% |
| Admin fee / account holder | $241 | $185+30.2% | $15,912-98.5% | $269-10.2% |