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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $88,476 |
LOCKTON INVESTMENT ADVISORS, LLC6+ years Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $52,369 |
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 | $234,374 | $73,638+218.3% | $95,952+144.3% | $73,488+218.9% |
| Participation rate | 83.3% | 76.2%+7.2pp | 77.1%+6.3pp | 70.7%+12.7pp |
| Annual return | 13.66% | 16.78%-3.1pp | 91.61%-78.0pp | 28.51%-14.9pp |
| Employer contribution / active EE | $4,377 | $1,863+134.9% | $2,541+72.3% | $2,270+92.8% |
| Participant deferral / active EE | $6,447 | $3,617+78.2% | $4,167+54.7% | $3,740+72.4% |
| Admin fee / account holder | $503 | $482+4.3% | $6,795-92.6% | $513-2.0% |