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 | $41,033 |
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $26,440 |
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 | $162,801 | $65,557+148.3% | $64,056+154.2% | $71,457+127.8% |
| Participation rate | 87.2% | 73.2%+14.0pp | 72.3%+14.8pp | 67.9%+19.2pp |
| Annual return | 15.37% | 18.94%-3.6pp | 33.69%-18.3pp | 28.85%-13.5pp |
| Employer contribution / active EE | $3,294 | $2,669+23.4% | $2,747+20.0% | $2,588+27.3% |
| Participant deferral / active EE | $8,146 | $3,626+124.7% | $3,880+110.0% | $4,289+89.9% |
| Admin fee / account holder | $357 | $616-42.0% | $3,068-88.4% | $1,587-77.5% |