Filed July 19, 2023
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $43,639 |
401(K) ADVISORS INC2+ years Service code 27 · EIN 33-0905143 | Advisory (Plan) | $15,822 |
ARMANINO LLP2+ years Service code 10 · EIN 94-6214841 | Accounting | $11,000 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $26,089 | $155,795-83.3% | $136,294-80.9% | $69,631-62.5% |
| Participation rate | 71.0% | 75.2%-4.3pp | 81.9%-11.0pp | 70.7%+0.3pp |
| Annual return | 19.08% | 232464.33%-232445.3pp | 5155.94%-5136.9pp | 27571.02%-27551.9pp |
| Employer contribution / active EE | $71 | $2,991-97.6% | $4,695-98.5% | $2,032-96.5% |
| Participant deferral / active EE | $1,421 | $5,394-73.7% | $6,247-77.3% | $3,224-55.9% |
| Admin fee / account holder | $171 | $128+33.6% | $9,243-98.1% | $110+55.1% |