Filed July 11, 2023 (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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $190,937 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $87,767 | $117,734-25.5% | $115,752-24.2% | $77,958+12.6% |
| Participation rate | 91.6% | 82.0%+9.6pp | 77.8%+13.9pp | 71.6%+20.0pp |
| Annual return | 17.75% | 17.65%+0.1pp | 19.41%-1.7pp | 20.87%-3.1pp |
| Employer contribution / active EE | $3,261 | $2,736+19.2% | $3,492-6.6% | $2,310+41.1% |
| Participant deferral / active EE | $4,403 | $4,435-0.7% | $5,204-15.4% | $3,537+24.5% |
| Admin fee / account holder | $129 | $75+72.6% | $6,278-97.9% | $97+32.8% |