Filed January 22, 2024
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 5-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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $42,718 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $205,089 | $91,407+124.4% | $135,903+50.9% | $71,457+187.0% |
| Participation rate | 99.6% | 75.7%+23.9pp | 81.9%+17.6pp | 67.9%+31.6pp |
| Annual return | 22.95% | 29.90%-6.9pp | 68.23%-45.3pp | 28.85%-5.9pp |
| Employer contribution / active EE | $11,154 | $3,703+201.2% | $4,856+129.7% | $2,588+331.0% |
| Participant deferral / active EE | $9,563 | $7,092+34.8% | $7,758+23.3% | $4,289+123.0% |
| Admin fee / account holder | $175 | $1,266-86.2% | $10,762-98.4% | $1,587-89.0% |