Filed December 5, 2024 (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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,560,095 |
Filed as: UBS FINANCIAL SVC INC Service code 27 · EIN 13-2638166 | Advisory (Plan) | $404,602 |
Filed as: SILICON VALLEY ACCOUNTANCY Service code 10 · EIN 77-0573994 | Accounting | $118,920 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $83,647 | $128,056-34.7% | $146,958-43.1% | $106,382-21.4% |
| Participation rate | 61.3% | 67.2%-5.9pp | 82.2%-20.9pp | 69.9%-8.6pp |
| Annual return | 27.89% | 17.89%+10.0pp | 418.34%-390.4pp | 17.37%+10.5pp |
| Employer contribution / active EE | $2,727 | $3,384-19.4% | $4,933-44.7% | $3,364-18.9% |
| Participant deferral / active EE | $6,735 | $7,674-12.2% | $8,070-16.5% | $5,569+20.9% |
| Admin fee / account holder | $109 | $89+22.9% | $12,998-99.2% | $79+37.5% |