Filed February 7, 2025 (most recent of 2 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 8-year trajectory for $4.99 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,587 | $53,199+23.3% | $155,567-57.8% | $199,768-67.2% |
| Participation rate | 92.5% | 64.1%+28.4pp | 78.2%+14.3pp | 72.0%+20.5pp |
| Annual return | 13.55% | 41.17%-27.6pp | 64.74%-51.2pp | 34.26%-20.7pp |
| Employer contribution / active EE | $1,575 | $1,852-15.0% | $4,674-66.3% | $3,037-48.1% |
| Participant deferral / active EE | $5,147 | $3,163+62.7% | $5,628-8.5% | $5,090+1.1% |
| Admin fee / account holder | $102 | $186-44.9% | $15,916-99.4% | $269-62.0% |