Filed January 8, 2025 (most recent of 4 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.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $76,330 |
MORNINGSTAR1+ years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $217,880 | $102,553+112.5% | $151,611+43.7% | $66,914+225.6% |
| Participation rate | 98.4% | 85.5%+12.9pp | 87.5%+10.9pp | 69.8%+28.6pp |
| Annual return | -15.62% | -10.82%-4.8pp | 3.33%-18.9pp | 1.58%-17.2pp |
| Employer contribution / active EE | $6,281 | $4,180+50.3% | $6,166+1.9% | $2,544+146.9% |
| Participant deferral / active EE | $13,845 | $6,641+108.5% | $8,363+65.5% | $4,237+226.8% |
| Admin fee / account holder | $431 | $630-31.5% | $11,616-96.3% | $593-27.3% |