Filed January 2, 2018
Total covered: 7 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $84,763 |
LOCKTON INVESTMENT ADVISORS, LLC4+ years Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $45,813 |
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 | $186,762 | $59,186+215.6% | $76,768+143.3% | $56,287+231.8% |
| Participation rate | 85.5% | 75.2%+10.3pp | 77.0%+8.6pp | 69.9%+15.7pp |
| Annual return | -5.86% | 6.62%-12.5pp | 2.43%-8.3pp | -9.96%+4.1pp |
| Employer contribution / active EE | $4,519 | $1,759+157.0% | $2,485+81.8% | $2,111+114.1% |
| Participant deferral / active EE | $6,564 | $3,255+101.7% | $3,852+70.4% | $3,350+96.0% |
| Admin fee / account holder | $530 | $489+8.3% | $6,675-92.1% | $521+1.7% |