Filed January 8, 2021 (most recent of 2 filings on file)
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 9-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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,439 |
Service code 19 PO BOX 219502 · KANSAS CITY, MO 641219502 | Securities Custodian | $0 |
Filed as: MASSACHUSETTS FINANCIAL SERVICES CO Service code 19 · EIN 04-2747644 | Securities Custodian | $0 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
WELLINGTON TRUST COMPANY4 years Filed as: WELLINGTON TRUST CO., NA Service code 19 280 CONGRESS STREET · BOSTON, MA 02210 | Securities Custodian | $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 | $69,620 | $62,327+11.7% | $120,354-42.2% | $74,495-6.5% |
| Participation rate | 95.0% | 56.8%+38.2pp | 71.9%+23.1pp | 67.2%+27.8pp |
| Annual return | 14.60% | 18.61%-4.0pp | 107.15%-92.6pp | 1364.94%-1350.3pp |
| Employer contribution / active EE | $4,297 | $1,843+133.1% | $3,463+24.1% | $2,623+63.8% |
| Participant deferral / active EE | $5,737 | $2,893+98.3% | $4,991+14.9% | $4,346+32.0% |
| Admin fee / account holder | $52 | $2,396-97.8% | $9,423-99.5% | $1,942-97.3% |