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 | $48,775 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $30,481 |
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 | $195,129 | $69,763+179.7% | $67,502+189.1% | $74,495+161.9% |
| Participation rate | 88.1% | 71.4%+16.7pp | 72.9%+15.2pp | 67.2%+20.9pp |
| Annual return | 12.62% | -40.34%+53.0pp | 3512.12%-3499.5pp | 1364.94%-1352.3pp |
| Employer contribution / active EE | $3,774 | $2,704+39.6% | $2,731+38.2% | $2,623+43.9% |
| Participant deferral / active EE | $9,975 | $3,636+174.3% | $4,000+149.4% | $4,346+129.5% |
| Admin fee / account holder | $426 | $896-52.4% | $3,998-89.3% | $1,942-78.1% |