Filed August 14, 2023
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $63,525 |
USI CONSULTING GROUP2 years Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347 | Advisory (Plan) | $30,387 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,303 | $129,021+1.8% | $184,203-28.7% | $77,643+69.1% |
| Participation rate | 86.6% | 87.3%-0.7pp | 86.8%-0.2pp | 70.6%+16.0pp |
| Annual return | 17.20% | 33.27%-16.1pp | 28.81%-11.6pp | 31.24%-14.0pp |
| Employer contribution / active EE | $4,197 | $4,413-4.9% | $6,427-34.7% | $2,726+54.0% |
| Participant deferral / active EE | $5,389 | $7,297-26.1% | $9,131-41.0% | $4,647+16.0% |
| Admin fee / account holder | $257 | $254+1.1% | $13,901-98.2% | $430-40.4% |