Filed December 31, 2019
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 |
|---|---|---|
Service code 17 · EIN 13-5674085 | Pension Consulting | $64,087 |
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $41,098 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $177,684 | $74,706+137.8% | $75,696+134.7% | $79,386+123.8% |
| Participation rate | 96.2% | 75.3%+20.8pp | 74.8%+21.3pp | 70.7%+25.5pp |
| Annual return | 12.00% | 18.52%-6.5pp | 104.53%-92.5pp | 116.85%-104.9pp |
| Employer contribution / active EE | $3,730 | $2,590+44.0% | $2,743+36.0% | $2,427+53.6% |
| Participant deferral / active EE | $9,374 | $3,533+165.3% | $3,821+145.3% | $4,046+131.7% |
| Admin fee / account holder | $586 | $374+56.6% | $3,619-83.8% | $626-6.4% |