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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $90,919 |
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING, INC. Service code 27 · EIN 43-1270780 | Advisory (Plan) | $56,783 |
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 | $227,056 | $76,050+198.6% | $96,544+135.2% | $71,457+217.8% |
| Participation rate | 82.4% | 74.4%+8.0pp | 76.0%+6.5pp | 67.9%+14.5pp |
| Annual return | 15.91% | 22.81%-6.9pp | 25.84%-9.9pp | 28.85%-12.9pp |
| Employer contribution / active EE | $5,587 | $2,244+149.0% | $2,965+88.5% | $2,588+115.9% |
| Participant deferral / active EE | $8,125 | $4,215+92.7% | $4,851+67.5% | $4,289+89.4% |
| Admin fee / account holder | $489 | $2,707-81.9% | $8,252-94.1% | $1,587-69.2% |