Filed December 2, 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 8-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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,328 |
THE BANK OF NEW YORK MELLON1+ years Filed as: BANK OF AMERICA Service code 27 · EIN 34-6565596 | Advisory (Plan) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $87,881 | $92,813-5.3% | $108,745-19.2% | $65,292+34.6% |
| Participation rate | 96.6% | 84.5%+12.0pp | 77.7%+18.9pp | 72.4%+24.1pp |
| Annual return | -7.77% | 14.67%-22.4pp | 46.22%-54.0pp | 11.84%-19.6pp |
| Employer contribution / active EE | $1,412 | $3,016-53.2% | $3,323-57.5% | $2,302-38.7% |
| Participant deferral / active EE | $0 | $5,191-100.0% | $5,121-100.0% | $3,579-100.0% |
| Admin fee / account holder | $1 | $56-97.7% | $6,144-100.0% | $57-97.7% |