Filed January 26, 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 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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $50,850 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $12,000 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,583 | $72,254-43.8% | $86,677-53.2% | $64,808-37.4% |
| Participation rate | 93.0% | 80.4%+12.6pp | 76.6%+16.4pp | 71.5%+21.6pp |
| Annual return | -12.15% | 392.42%-404.6pp | 35.91%-48.1pp | 32.82%-45.0pp |
| Employer contribution / active EE | $260 | $2,393-89.1% | $2,836-90.8% | $2,506-89.6% |
| Participant deferral / active EE | $3,550 | $4,658-23.8% | $4,656-23.7% | $4,310-17.6% |
| Admin fee / account holder | $109 | $174-37.5% | $7,493-98.5% | $188-42.1% |