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 | $41,130 |
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $25,706 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $147,923 | $60,989+142.5% | $60,874+143.0% | $66,914+121.1% |
| Participation rate | 94.2% | 74.5%+19.8pp | 73.1%+21.1pp | 69.8%+24.4pp |
| Annual return | -16.10% | -9.60%-6.5pp | 16.90%-33.0pp | 1.58%-17.7pp |
| Employer contribution / active EE | $3,816 | $2,661+43.4% | $2,701+41.3% | $2,544+50.0% |
| Participant deferral / active EE | $9,228 | $3,615+155.3% | $3,817+141.8% | $4,237+117.8% |
| Admin fee / account holder | $373 | $338+10.3% | $3,224-88.4% | $593-37.1% |