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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $33,338 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $49,056 | $111,608-56.0% | $177,821-72.4% | $73,409-33.2% |
| Participation rate | 98.2% | 87.9%+10.4pp | 87.7%+10.5pp | 72.2%+26.0pp |
| Annual return | 13.08% | 18.23%-5.1pp | 48.32%-35.2pp | 59.29%-46.2pp |
| Employer contribution / active EE | $2,257 | $3,796-40.5% | $5,918-61.9% | $2,234+1.1% |
| Participant deferral / active EE | $4,188 | $6,199-32.4% | $7,714-45.7% | $3,805+10.1% |
| Admin fee / account holder | $73 | $166-55.9% | $12,427-99.4% | $158-53.8% |