Filed February 12, 2019 (most recent of 2 filings on file)
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 7-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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $215,154 |
NFP RETIREMENT INC4 years Filed as: NFP RETIREMENT INC. Service code 27 · EIN 33-0905143 | Advisory (Plan) | $107,019 |
Filed as: CREATIVE RETIREMENT PLAN CONSULTING Service code 13 · EIN 84-2276766 | Contract Administrator | $25,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $85,319 | $50,815+67.9% | $155,509-45.1% | $77,643+9.9% |
| Participation rate | 91.1% | 63.1%+28.0pp | 78.2%+12.9pp | 70.6%+20.5pp |
| Annual return | 10.69% | 34.80%-24.1pp | 64.67%-54.0pp | 31.24%-20.5pp |
| Employer contribution / active EE | $2,629 | $1,993+31.9% | $4,672-43.7% | $2,726-3.6% |
| Participant deferral / active EE | $4,617 | $2,822+63.6% | $5,626-17.9% | $4,647-0.7% |
| Admin fee / account holder | $302 | $437-30.9% | $15,912-98.1% | $430-29.9% |