Filed October 2, 2018 (most recent of 2 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.
See the 8-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 |
|---|---|---|
Filed as: ROYAL ALLIANCE ASSOCIATES, INC. Service code 16 · EIN 93-0987232 | Consulting | $33,925 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $29,442 |
BBM FINANCIAL SERVICES, INC3+ years Filed as: BBM FINANCIAL SERVICES INC Service code 13 · EIN 91-0967757 | Contract Administrator | $7,280 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $81,558 | $65,322+24.9% | $70,449+15.8% | $73,488+11.0% |
| Participation rate | 96.9% | 77.0%+20.0pp | 75.1%+21.9pp | 70.7%+26.3pp |
| Annual return | 7.92% | 15.71%-7.8pp | 109.03%-101.1pp | 28.51%-20.6pp |
| Employer contribution / active EE | $7,234 | $2,460+194.1% | $2,737+164.3% | $2,270+218.7% |
| Participant deferral / active EE | $8,555 | $3,375+153.5% | $3,709+130.7% | $3,740+128.8% |
| Admin fee / account holder | $321 | $214+50.1% | $3,845-91.6% | $513-37.4% |