Filed September 14, 2018
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $49,370 |
MAXUS PLAN SOLUTIONS8+ years Filed as: MAXUS PLAN SOLUTIONS, INC Service code 13 · EIN 45-4012897 | Contract Administrator | $6,146 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISOR Service code 27 | Advisory (Plan) | $2,791 |
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO CLEARING SERVCIES LLC Service code 27 | Advisory (Plan) | $0 |
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $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 | $37,741 | $61,272-38.4% | $149,673-74.8% | $71,457-47.2% |
| Participation rate | 71.3% | 62.5%+8.8pp | 78.8%-7.5pp | 67.9%+3.4pp |
| Annual return | 13.16% | 35.85%-22.7pp | 134.42%-121.3pp | 28.85%-15.7pp |
| Employer contribution / active EE | $1,597 | $2,378-32.9% | $4,818-66.9% | $2,588-38.3% |
| Participant deferral / active EE | $2,640 | $2,917-9.5% | $5,680-53.5% | $4,289-38.4% |
| Admin fee / account holder | $268 | $1,261-78.8% | $13,210-98.0% | $1,587-83.1% |