Filed December 19, 2019
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 9-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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $550,977 |
Filed as: MORGAN STANLEY, ADVISORY FEE BILLIN Service code 28 · EIN 26-4310632 | Investment Management | $89,727 |
BDO USA, LLP1 year Filed as: BDO Service code 16 · EIN 13-5381590 | Consulting | $25,021 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,022 | $127,481-81.2% | $149,696-84.0% | $90,288-73.4% |
| Participation rate | 95.7% | 78.2%+17.5pp | 82.5%+13.2pp | 73.4%+22.4pp |
| Annual return | 18.52% | 57.78%-39.3pp | 276.60%-258.1pp | 53.97%-35.4pp |
| Employer contribution / active EE | $813 | $3,448-76.4% | $4,644-82.5% | $2,524-67.8% |
| Participant deferral / active EE | $3,040 | $6,975-56.4% | $6,842-55.6% | $4,232-28.2% |
| Admin fee / account holder | $85 | $152-43.7% | $9,309-99.1% | $114-25.1% |