Filed October 24, 2018
Total covered: 2 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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,257 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $11,583 | $46,732-75.2% | $156,549-92.6% | $55,167-79.0% |
| Participation rate | 74.2% | 65.8%+8.4pp | 84.0%-9.8pp | 69.0%+5.2pp |
| Annual return | 6.80% | 17.72%-10.9pp | 32.23%-25.4pp | 169.23%-162.4pp |
| Employer contribution / active EE | $1,132 | $2,105-46.2% | $5,501-79.4% | $1,963-42.3% |
| Participant deferral / active EE | $1,418 | $2,204-35.7% | $4,871-70.9% | $3,054-53.6% |
| Admin fee / account holder | $50 | $418-88.0% | $13,027-99.6% | $504-90.1% |