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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $748 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,638 | $54,590-75.0% | $81,930-83.4% | $73,488-81.4% |
| Participation rate | 41.0% | 68.3%-27.3pp | 72.0%-31.0pp | 70.7%-29.7pp |
| Annual return | 12.43% | 17.74%-5.3pp | 29.49%-17.1pp | 28.51%-16.1pp |
| Employer contribution / active EE | $0 | $1,636-100.0% | $4,310-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $1,892 | $2,759-31.4% | $7,107-73.4% | $3,740-49.4% |
| Admin fee / account holder | $11 | $592-98.2% | $5,158-99.8% | $513-97.9% |