Filed March 11, 2019
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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $150,873 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $64,047 |
Service code 10 · EIN 20-1260566 | Accounting | $12,400 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $255,071 | $88,360+188.7% | $145,433+75.4% | $67,986+275.2% |
| Participation rate | 95.0% | 65.5%+29.5pp | 82.1%+12.8pp | 57.2%+37.8pp |
| Annual return | 14.73% | 63.15%-48.4pp | 66.58%-51.8pp | 31.67%-16.9pp |
| Employer contribution / active EE | $5,485 | $3,054+79.6% | $4,554+20.4% | $2,019+171.7% |
| Participant deferral / active EE | $10,579 | $5,932+78.3% | $7,897+34.0% | $3,358+215.0% |
| Admin fee / account holder | $587 | $3,313-82.3% | $13,129-95.5% | $3,203-81.7% |