Filed September 23, 2019
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $64,767 |
GLOBAL RETIREMENT PARTNERS LLC4+ years Service code 27 · EIN 47-1411118 | Advisory (Plan) | $23,927 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $72,858 | $73,102-0.3% | $123,544-41.0% | $56,287+29.4% |
| Participation rate | 100.0% | 74.3%+25.7pp | 82.3%+17.7pp | 69.9%+30.1pp |
| Annual return | 0.45% | 3.01%-2.6pp | 119.20%-118.7pp | -9.96%+10.4pp |
| Employer contribution / active EE | $2,778 | $2,977-6.7% | $4,628-40.0% | $2,111+31.6% |
| Participant deferral / active EE | $7,072 | $5,423+30.4% | $6,426+10.1% | $3,350+111.1% |
| Admin fee / account holder | $332 | $554-40.0% | $9,284-96.4% | $521-36.2% |