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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $26,396 |
Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
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 | $46,525 | $86,897-46.5% | $151,611-69.3% | $64,808-28.2% |
| Participation rate | 98.5% | 87.3%+11.2pp | 87.5%+11.0pp | 71.5%+27.0pp |
| Annual return | -14.98% | -3.57%-11.4pp | 3.33%-18.3pp | 32.82%-47.8pp |
| Employer contribution / active EE | $3,751 | $4,010-6.5% | $6,166-39.2% | $2,506+49.7% |
| Participant deferral / active EE | $5,133 | $6,690-23.3% | $8,363-38.6% | $4,310+19.1% |
| Admin fee / account holder | $38 | $153-75.5% | $11,616-99.7% | $188-80.0% |