Filed December 2, 2022 (most recent of 2 filings on file)
Total covered: 12 employees
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 |
|---|---|---|
FIRST WESTERN TRUST BANK10+ years Filed as: FIRST WESTERN TRUST Service code 27 · EIN 27-0083757 | Advisory (Plan) | $29,399 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $28,645 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,062 | $60,323+67.5% | $81,812+23.5% | $74,495+35.7% |
| Participation rate | 80.8% | 62.9%+17.9pp | 72.3%+8.5pp | 67.2%+13.6pp |
| Annual return | 12.59% | 16.90%-4.3pp | 773.79%-761.2pp | 1364.94%-1352.4pp |
| Employer contribution / active EE | $3,491 | $2,620+33.2% | $2,912+19.9% | $2,623+33.1% |
| Participant deferral / active EE | $7,530 | $3,387+122.3% | $4,319+74.4% | $4,346+73.3% |
| Admin fee / account holder | $384 | $1,486-74.1% | $7,386-94.8% | $1,942-80.2% |