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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $341,155 |
MORNINGSTAR4 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 | $85,844 | $127,218-32.5% | $392,568-78.1% | $77,787+10.4% |
| Participation rate | 93.8% | 82.0%+11.8pp | 78.1%+15.8pp | 73.2%+20.6pp |
| Annual return | 23.41% | 25.27%-1.9pp | 24.42%-1.0pp | 32.57%-9.2pp |
| Employer contribution / active EE | $3,662 | $3,064+19.5% | $3,783-3.2% | $2,504+46.2% |
| Participant deferral / active EE | $4,854 | $4,820+0.7% | $5,985-18.9% | $3,967+22.3% |
| Admin fee / account holder | $185 | $89+107.9% | $6,260-97.0% | $100+84.9% |