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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $43,393 |
MORNINGSTAR2 years 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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,773 | $47,126-45.3% | $149,673-82.8% | $74,419-65.4% |
| Participation rate | 28.9% | 63.4%-34.5pp | 78.8%-49.9pp | 70.7%-41.9pp |
| Annual return | 20.84% | 22.75%-1.9pp | 134.42%-113.6pp | 34.38%-13.5pp |
| Employer contribution / active EE | $582 | $1,905-69.4% | $4,818-87.9% | $2,637-77.9% |
| Participant deferral / active EE | $1,005 | $2,728-63.1% | $5,680-82.3% | $4,528-77.8% |
| Admin fee / account holder | $203 | $343-40.8% | $13,210-98.5% | $348-41.7% |