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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $45,077 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,957 | $46,292-54.7% | $143,757-85.4% | $64,808-67.7% |
| Participation rate | 37.0% | 64.2%-27.2pp | 80.3%-43.3pp | 71.5%-34.5pp |
| Annual return | -18.44% | -10.05%-8.4pp | -0.04%-18.4pp | 32.82%-51.3pp |
| Employer contribution / active EE | $771 | $1,910-59.6% | $4,951-84.4% | $2,506-69.2% |
| Participant deferral / active EE | $1,409 | $2,646-46.8% | $5,637-75.0% | $4,310-67.3% |
| Admin fee / account holder | $202 | $154+31.5% | $14,673-98.6% | $188+7.6% |