Filed December 7, 2022
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 13 · EIN 01-0233346 | Contract Administrator | $63,650 |
Filed as: JANNEY MONTGOMERY SCOTT, LLC Service code 17 · EIN 23-0731260 | Pension Consulting | $33,623 |
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,665 |
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 | $66,535 | $95,274-30.2% | $135,903-51.0% | $74,419-10.6% |
| Participation rate | 100.0% | 78.2%+21.8pp | 81.9%+18.1pp | 70.7%+29.3pp |
| Annual return | 14.31% | 32.77%-18.5pp | 68.23%-53.9pp | 34.38%-20.1pp |
| Employer contribution / active EE | $3,319 | $3,874-14.3% | $4,856-31.7% | $2,637+25.8% |
| Participant deferral / active EE | $5,000 | $7,782-35.7% | $7,758-35.5% | $4,528+10.4% |
| Admin fee / account holder | $233 | $266-12.4% | $10,762-97.8% | $348-33.0% |