Filed August 15, 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 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $125,910 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $55,973 |
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 | $129,914 | $98,982+31.3% | $162,163-19.9% | $65,185+99.3% |
| Participation rate | 100.0% | 85.8%+14.2pp | 87.6%+12.4pp | 70.2%+29.8pp |
| Annual return | 20.90% | 24.84%-3.9pp | 115.59%-94.7pp | 29.38%-8.5pp |
| Employer contribution / active EE | $2,550 | $3,467-26.4% | $5,614-54.6% | $2,177+17.2% |
| Participant deferral / active EE | $6,456 | $5,384+19.9% | $7,298-11.5% | $3,514+83.7% |
| Admin fee / account holder | $451 | $596-24.3% | $10,843-95.8% | $847-46.7% |