Filed June 9, 2020
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $492,544 |
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING, LLC Service code 26 · EIN 84-4519624 | Advisory (Participants) | $0 |
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 | $62,734 | $119,627-47.6% | $146,958-57.3% | $99,062-36.7% |
| Participation rate | 96.7% | 73.4%+23.3pp | 82.2%+14.6pp | 71.6%+25.1pp |
| Annual return | 20.02% | 28.82%-8.8pp | 418.34%-398.3pp | 17.66%+2.4pp |
| Employer contribution / active EE | $2,895 | $4,153-30.3% | $4,933-41.3% | $3,262-11.2% |
| Participant deferral / active EE | $7,589 | $7,997-5.1% | $8,070-6.0% | $5,331+42.3% |
| Admin fee / account holder | $71 | $150-52.9% | $12,998-99.5% | $109-35.3% |