Filed August 24, 2020
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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $47,752 |
CLIFTONLARSONALLEN LLP3 years Filed as: CLIFTON LARSON ALLEN LLP Service code 10 · EIN 41-0746749 | Accounting | $9,720 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $44,981 | $47,456-5.2% | $172,739-74.0% | $77,787-42.2% |
| Participation rate | 97.4% | 66.3%+31.1pp | 82.6%+14.7pp | 73.2%+24.1pp |
| Annual return | 4.21% | 35.57%-31.4pp | 802.84%-798.6pp | 32.57%-28.4pp |
| Employer contribution / active EE | $2,211 | $1,574+40.5% | $5,143-57.0% | $2,504-11.7% |
| Participant deferral / active EE | $4,192 | $2,560+63.8% | $5,198-19.4% | $3,967+5.7% |
| Admin fee / account holder | $34 | $81-57.9% | $13,954-99.8% | $100-66.0% |