Filed January 2, 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $78,127 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $23,030 |
WILSHIRE ASSOCIATES INCORPORATED6+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $125,124 | $81,474+53.6% | $133,956-6.6% | $73,488+70.3% |
| Participation rate | 97.9% | 76.4%+21.6pp | 79.8%+18.1pp | 70.7%+27.2pp |
| Annual return | 16.28% | 19.40%-3.1pp | 45.09%-28.8pp | 28.51%-12.2pp |
| Employer contribution / active EE | $1,825 | $2,209-17.4% | $3,919-53.4% | $2,270-19.6% |
| Participant deferral / active EE | $4,201 | $3,786+11.0% | $5,048-16.8% | $3,740+12.4% |
| Admin fee / account holder | $363 | $713-49.0% | $8,927-95.9% | $513-29.2% |