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 | $56,166 |
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $32,298 |
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 | $227,156 | $67,984+234.1% | $65,493+246.8% | $74,304+205.7% |
| Participation rate | 81.6% | 66.3%+15.3pp | 73.1%+8.5pp | 60.3%+21.3pp |
| Annual return | 15.17% | 19.87%-4.7pp | 982.45%-967.3pp | 29.43%-14.3pp |
| Employer contribution / active EE | $3,679 | $2,491+47.7% | $2,574+42.9% | $2,241+64.2% |
| Participant deferral / active EE | $8,973 | $3,346+168.1% | $3,961+126.5% | $3,767+138.2% |
| Admin fee / account holder | $476 | $1,373-65.4% | $5,028-90.5% | $2,969-84.0% |