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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $18,018 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $56,022 | $111,491-49.8% | $189,513-70.4% | $86,799-35.5% |
| Participation rate | 97.5% | 87.3%+10.2pp | 87.8%+9.7pp | 72.3%+25.2pp |
| Annual return | 66.82% | 83.50%-16.7pp | 555.15%-488.3pp | 97.91%-31.1pp |
| Employer contribution / active EE | $2,144 | $3,951-45.7% | $6,162-65.2% | $2,405-10.9% |
| Participant deferral / active EE | $3,397 | $6,437-47.2% | $8,221-58.7% | $4,131-17.8% |
| Admin fee / account holder | $27 | $189-85.6% | $12,045-99.8% | $170-84.0% |