Filed February 7, 2025 (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 8-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 | $132,794 |
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 | $65,587 | $53,136+23.4% | $155,509-57.8% | $199,593-67.1% |
| Participation rate | 92.5% | 64.1%+28.5pp | 78.2%+14.3pp | 72.0%+20.6pp |
| Annual return | 13.55% | 41.15%-27.6pp | 64.67%-51.1pp | 34.25%-20.7pp |
| Employer contribution / active EE | $1,575 | $1,851-14.9% | $4,672-66.3% | $3,034-48.1% |
| Participant deferral / active EE | $5,147 | $3,161+62.9% | $5,626-8.5% | $5,087+1.2% |
| Admin fee / account holder | $102 | $185-44.9% | $15,912-99.4% | $269-62.0% |