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 | $103,170 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $37,803 |
BBM FINANCIAL SERVICES, INC5+ years Filed as: BBM FINANCIAL SERVICES INC Service code 13 · EIN 91-0967757 | Contract Administrator | $11,521 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,813 | $60,989+53.8% | $60,874+54.1% | $66,914+40.2% |
| Participation rate | 98.8% | 74.5%+24.4pp | 73.1%+25.7pp | 69.8%+29.0pp |
| Annual return | -12.41% | -9.60%-2.8pp | 16.90%-29.3pp | 1.58%-14.0pp |
| Employer contribution / active EE | $7,691 | $2,661+189.1% | $2,701+184.7% | $2,544+202.3% |
| Participant deferral / active EE | $8,867 | $3,615+145.3% | $3,817+132.3% | $4,237+109.3% |
| Admin fee / account holder | $402 | $338+18.8% | $3,224-87.5% | $593-32.2% |