Filed September 11, 2024
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 10-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: THE WL BURMEISTER COMPANY Service code 13 · EIN 38-2928964 | Contract Administrator | $3,479 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,116 |
Filed as: NORTHWESTERN MUTUAL INVESTEMNT SERV Service code 49 · EIN 52-2114207 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $41,365 | $54,390-23.9% | $117,039-64.7% | $69,631-40.6% |
| Participation rate | 26.4% | 58.5%-32.1pp | 77.2%-50.8pp | 70.7%-44.3pp |
| Annual return | 19.02% | 18.33%+0.7pp | 18.95%+0.1pp | 27571.02%-27552.0pp |
| Employer contribution / active EE | $422 | $1,357-68.9% | $3,785-88.8% | $2,032-79.2% |
| Participant deferral / active EE | $889 | $2,076-57.2% | $3,929-77.4% | $3,224-72.4% |
| Admin fee / account holder | $34 | $98-65.5% | $5,974-99.4% | $110-69.4% |