Filed December 11, 2023 (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 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 |
|---|---|---|
STIFEL NICOLAUS & CO INC2+ years Service code 49 · EIN 43-0538770 | Other Services | $59,280 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,986 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $48,591 | $81,537-40.4% | $149,718-67.5% | $69,631-30.2% |
| Participation rate | 85.3% | 86.1%-0.8pp | 87.1%-1.7pp | 70.7%+14.7pp |
| Annual return | 25.16% | 22.79%+2.4pp | 1501.63%-1476.5pp | 27571.02%-27545.9pp |
| Employer contribution / active EE | $2,359 | $3,239-27.2% | $5,445-56.7% | $2,032+16.1% |
| Participant deferral / active EE | $3,700 | $4,994-25.9% | $6,569-43.7% | $3,224+14.8% |
| Admin fee / account holder | $6 | $107-94.7% | $11,283-99.9% | $110-94.9% |