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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $230,754 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,345 | $140,190-33.4% | $115,756-19.4% | $77,904+19.8% |
| Participation rate | 94.6% | 81.0%+13.6pp | 77.1%+17.5pp | 73.7%+20.9pp |
| Annual return | -16.47% | -13.46%-3.0pp | 143.14%-159.6pp | 12.21%-28.7pp |
| Employer contribution / active EE | $3,996 | $3,169+26.1% | $3,793+5.4% | $2,848+40.3% |
| Participant deferral / active EE | $5,513 | $5,401+2.1% | $6,254-11.8% | $4,806+14.7% |
| Admin fee / account holder | $142 | $138+2.8% | $8,124-98.2% | $133+7.4% |