Filed January 28, 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $166,202 |
UBS FINANCIAL SERVICES INC10+ years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $65,942 |
Service code 49 · EIN 27-3853858 | Other Services | $21,653 |
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 | $51,452 | $66,457-22.6% | $81,438-36.8% | $77,671-33.8% |
| Participation rate | 85.3% | 68.7%+16.6pp | 69.5%+15.8pp | 70.6%+14.7pp |
| Annual return | 15.76% | 15.93%-0.2pp | 24.74%-9.0pp | 31.21%-15.5pp |
| Employer contribution / active EE | $2,698 | $2,159+24.9% | $2,460+9.6% | $2,726-1.1% |
| Participant deferral / active EE | $5,607 | $3,679+52.4% | $3,883+44.4% | $4,648+20.6% |
| Admin fee / account holder | $168 | $583-71.2% | $5,764-97.1% | $430-61.0% |