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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $67,086 |
USI CONSULTING GROUP3 years Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347 | Advisory (Plan) | $32,480 |
MORNINGSTAR4 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 | $144,591 | $131,799+9.7% | $200,582-27.9% | $85,563+69.0% |
| Participation rate | 86.7% | 87.9%-1.3pp | 86.9%-0.2pp | 66.0%+20.7pp |
| Annual return | 15.90% | 21.59%-5.7pp | 42.33%-26.4pp | 31.51%-15.6pp |
| Employer contribution / active EE | $4,327 | $4,532-4.5% | $6,419-32.6% | $2,654+63.1% |
| Participant deferral / active EE | $5,583 | $7,702-27.5% | $9,331-40.2% | $4,375+27.6% |
| Admin fee / account holder | $266 | $235+13.0% | $16,305-98.4% | $834-68.2% |