Filed October 12, 2022 (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 | $91,697 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $29,982 |
Filed as: KESTRA ADVISORY SERVICES Service code 27 · EIN 77-0185497 | Advisory (Plan) | $14,997 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,751 | $42,419+38.5% | $104,294-43.7% | $77,904-24.6% |
| Participation rate | 34.3% | 51.6%-17.3pp | 73.3%-39.0pp | 73.7%-39.4pp |
| Annual return | -12.11% | -11.16%-1.0pp | 24.61%-36.7pp | 12.21%-24.3pp |
| Employer contribution / active EE | $287 | $1,105-74.0% | $3,372-91.5% | $2,848-89.9% |
| Participant deferral / active EE | $1,662 | $1,992-16.6% | $4,625-64.1% | $4,806-65.4% |
| Admin fee / account holder | $223 | $117+90.4% | $7,339-97.0% | $133+68.5% |