Filed November 2, 2023 (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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $81,398 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,958 | $56,485-45.2% | $185,823-83.3% | $86,799-64.3% |
| Participation rate | 91.9% | 65.5%+26.4pp | 81.7%+10.2pp | 72.3%+19.6pp |
| Annual return | 14.37% | 118.04%-103.7pp | 122.05%-107.7pp | 97.91%-83.5pp |
| Employer contribution / active EE | $5,026 | $1,843+172.7% | $5,167-2.7% | $2,405+108.9% |
| Participant deferral / active EE | $0 | $2,553-100.0% | $5,568-100.0% | $4,131-100.0% |
| Admin fee / account holder | $117 | $150-21.6% | $16,237-99.3% | $170-30.8% |