Filed April 26, 2024 (most recent of 5 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $432,958 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $100,000 |
BKD, LLP6+ years Filed as: BKD Service code 10 · EIN 44-0160260 | Accounting | $19,305 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $72,744 | $56,095+29.7% | $178,490-59.2% | $90,288-19.4% |
| Participation rate | 96.2% | 65.6%+30.6pp | 81.9%+14.2pp | 73.4%+22.8pp |
| Annual return | 14.98% | 28.81%-13.8pp | 151.07%-136.1pp | 53.97%-39.0pp |
| Employer contribution / active EE | $2,157 | $1,572+37.2% | $5,011-56.9% | $2,524-14.5% |
| Participant deferral / active EE | $5,924 | $2,669+122.0% | $5,202+13.9% | $4,232+40.0% |
| Admin fee / account holder | $158 | $101+57.4% | $13,984-98.9% | $114+38.9% |