Filed May 31, 2017 (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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $27,461 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $33,110 | $46,732-29.1% | $156,549-78.9% | $55,167-40.0% |
| Participation rate | 52.5% | 65.8%-13.3pp | 84.0%-31.5pp | 69.0%-16.5pp |
| Annual return | 12.00% | 17.72%-5.7pp | 32.23%-20.2pp | 169.23%-157.2pp |
| Employer contribution / active EE | $428 | $2,105-79.7% | $5,501-92.2% | $1,963-78.2% |
| Participant deferral / active EE | $1,709 | $2,204-22.5% | $4,871-64.9% | $3,054-44.1% |
| Admin fee / account holder | $203 | $418-51.4% | $13,027-98.4% | $504-59.6% |