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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $91,187 |
LOCKTON INVESTMENT ADVISORS, LLC5+ years Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $48,387 |
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 | $212,460 | $65,376+225.0% | $87,100+143.9% | $65,185+225.9% |
| Participation rate | 84.2% | 75.3%+8.9pp | 76.9%+7.4pp | 70.2%+14.0pp |
| Annual return | 21.02% | 31.27%-10.3pp | 28.19%-7.2pp | 29.38%-8.4pp |
| Employer contribution / active EE | $4,437 | $1,822+143.5% | $2,521+76.0% | $2,177+103.9% |
| Participant deferral / active EE | $6,424 | $3,388+89.6% | $4,049+58.7% | $3,514+82.8% |
| Admin fee / account holder | $524 | $520+0.8% | $7,497-93.0% | $847-38.1% |