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 | $140,597 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $64,578 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $139,898 | $100,227+39.6% | $169,993-17.7% | $74,419+88.0% |
| Participation rate | 93.4% | 87.3%+6.1pp | 87.0%+6.4pp | 70.7%+22.7pp |
| Annual return | 13.52% | 66.08%-52.6pp | 53.37%-39.9pp | 34.38%-20.9pp |
| Employer contribution / active EE | $3,227 | $4,263-24.3% | $6,785-52.4% | $2,637+22.4% |
| Participant deferral / active EE | $7,039 | $7,143-1.5% | $10,408-32.4% | $4,528+55.4% |
| Admin fee / account holder | $452 | $234+92.8% | $12,815-96.5% | $348+30.0% |