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 | $153,520 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $69,937 |
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 | $138,207 | $129,021+7.1% | $184,203-25.0% | $77,643+78.0% |
| Participation rate | 99.3% | 87.3%+11.9pp | 86.8%+12.4pp | 70.6%+28.7pp |
| Annual return | 10.42% | 33.27%-22.9pp | 28.81%-18.4pp | 31.24%-20.8pp |
| Employer contribution / active EE | $3,662 | $4,413-17.0% | $6,427-43.0% | $2,726+34.3% |
| Participant deferral / active EE | $7,755 | $7,297+6.3% | $9,131-15.1% | $4,647+66.9% |
| Admin fee / account holder | $477 | $254+87.8% | $13,901-96.6% | $430+10.8% |