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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $108,097 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $39,538 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $12,224 |
7G DISTRIBUTING, LLC1 year Service code 10 · EIN 27-2050486 | Accounting | $7,380 |
Filed as: WILSHIRE ADVISORS LLC 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,992 | $86,655+16.5% | $119,609-15.6% | $66,914+50.9% |
| Participation rate | 99.5% | 75.6%+23.9pp | 79.3%+20.2pp | 69.8%+29.7pp |
| Annual return | -16.90% | -8.00%-8.9pp | -14.97%-1.9pp | 1.58%-18.5pp |
| Employer contribution / active EE | $2,004 | $2,536-21.0% | $4,232-52.6% | $2,544-21.2% |
| Participant deferral / active EE | $4,761 | $4,358+9.2% | $5,602-15.0% | $4,237+12.4% |
| Admin fee / account holder | $466 | $755-38.3% | $10,323-95.5% | $593-21.5% |