Filed October 18, 2022 (most recent of 2 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $106,058 |
CAPFINANCIAL PARTNERS LLC4 years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $55,644 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,910 | $58,926+142.5% | $97,226+47.0% | $74,495+91.8% |
| Participation rate | 98.4% | 63.5%+34.9pp | 72.7%+25.7pp | 67.2%+31.2pp |
| Annual return | 14.36% | 16.04%-1.7pp | 75.13%-60.8pp | 1364.94%-1350.6pp |
| Employer contribution / active EE | $7,793 | $1,894+311.4% | $2,729+185.6% | $2,623+197.1% |
| Participant deferral / active EE | $5,496 | $3,664+50.0% | $4,264+28.9% | $4,346+26.5% |
| Admin fee / account holder | $442 | $1,974-77.6% | $5,654-92.2% | $1,942-77.2% |