Filed January 4, 2021 (most recent of 11 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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $47,238 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $25,907 | $68,413-62.1% | $123,104-79.0% | $55,191-53.1% |
| Participation rate | 98.1% | 84.5%+13.6pp | 86.8%+11.3pp | 69.2%+28.9pp |
| Annual return | -0.62% | 6.30%-6.9pp | 13.22%-13.8pp | 10.78%-11.4pp |
| Employer contribution / active EE | $1,960 | $3,050-35.7% | $5,151-62.0% | $1,899+3.2% |
| Participant deferral / active EE | $3,069 | $4,490-31.7% | $6,230-50.7% | $3,046+0.7% |
| Admin fee / account holder | $115 | $88+30.6% | $9,015-98.7% | $91+26.3% |