Filed November 4, 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 3-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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $28,483 |
CREATIVE PLANNING LLC3+ years Filed as: CREATIVE PLANNING, LLC Service code 26 · EIN 84-4519624 | Advisory (Participants) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $141,508 | $131,799+7.4% | $200,582-29.5% | $85,563+65.4% |
| Participation rate | 97.6% | 87.9%+9.6pp | 86.9%+10.7pp | 66.0%+31.6pp |
| Annual return | 22.70% | 21.59%+1.1pp | 42.33%-19.6pp | 31.51%-8.8pp |
| Employer contribution / active EE | $6,872 | $4,532+51.6% | $6,419+7.1% | $2,654+159.0% |
| Participant deferral / active EE | $17,216 | $7,702+123.5% | $9,331+84.5% | $4,375+293.5% |
| Admin fee / account holder | $98 | $235-58.2% | $16,305-99.4% | $834-88.2% |